Podcast
Questions and Answers
Name the left panel on the Dashboard that remains consistent in QuickBooks Online.
Name the left panel on the Dashboard that remains consistent in QuickBooks Online.
- Navigation Pane (correct)
- Home Page
- Shortcuts
- Bank Section
Which option on the Navigation Pane always returns you to the Home Page?
Which option on the Navigation Pane always returns you to the Home Page?
- Home tab (correct)
- Shortcuts
- Dashboard
- Invoices
You are talking to a friend who wants to purchase QuickBooks Online. He is self-employed and doesn't need a lot of features. Which version of QuickBooks would you recommend?
You are talking to a friend who wants to purchase QuickBooks Online. He is self-employed and doesn't need a lot of features. Which version of QuickBooks would you recommend?
- Advanced
- Simple Start (correct)
- Essentials
- Plus
You were hired as the financial manager for a small company. You need a QuickBooks Online user license for 15 employees. Which version of QuickBooks should you purchase?
You were hired as the financial manager for a small company. You need a QuickBooks Online user license for 15 employees. Which version of QuickBooks should you purchase?
Payroll bundled with an online subscription will cost more per month.
Payroll bundled with an online subscription will cost more per month.
You started your own business a year ago and purchased QuickBooks Simple Start. You now want to start paying bills online and run a variety of reports. Which version should you upgrade to?
You started your own business a year ago and purchased QuickBooks Simple Start. You now want to start paying bills online and run a variety of reports. Which version should you upgrade to?
Which is NOT a feature of QuickBooks Online Plus?
Which is NOT a feature of QuickBooks Online Plus?
Which QuickBooks Online version has a five-user limitation?
Which QuickBooks Online version has a five-user limitation?
QuickBooks Online versions bundled with payroll include a long-term free payroll service.
QuickBooks Online versions bundled with payroll include a long-term free payroll service.
You and your partner are looking to purchase QuickBooks Online. Your company sells products and wants to track inventory, sales, and profits. Which version of QuickBooks Online should you purchase?
You and your partner are looking to purchase QuickBooks Online. Your company sells products and wants to track inventory, sales, and profits. Which version of QuickBooks Online should you purchase?
Advanced includes all the features of Plus.
Advanced includes all the features of Plus.
Essentials does everything Simple Start does with the added feature of entering and paying bills.
Essentials does everything Simple Start does with the added feature of entering and paying bills.
A client needs to track inventory. There are only two employees who need access to QuickBooks Online. What software version should the company purchase?
A client needs to track inventory. There are only two employees who need access to QuickBooks Online. What software version should the company purchase?
Flashcards
Navigation Pane
Navigation Pane
The left panel on the Dashboard that remains consistent.
Home Page
Home Page
The main screen in QuickBooks Online you return to with the Dashboard option.
Audit Log
Audit Log
Report accessible via 'See all activity' on the Home Page.
Simple Start
Simple Start
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Advanced Version
Advanced Version
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Payroll Cost
Payroll Cost
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Essentials Upgrade
Essentials Upgrade
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Plus Version Limitations
Plus Version Limitations
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False Payroll Bundling
False Payroll Bundling
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Plus for Inventory
Plus for Inventory
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True - Advanced vs. Plus
True - Advanced vs. Plus
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True - Essentials vs. Simple Start
True - Essentials vs. Simple Start
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Plus for Inventory Tracking
Plus for Inventory Tracking
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User License in Plus
User License in Plus
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Financial Manager Needs
Financial Manager Needs
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Simple Start Features
Simple Start Features
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QuickBooks Inventory Tracking
QuickBooks Inventory Tracking
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Home Tab in Navigation Pane
Home Tab in Navigation Pane
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Total User Licenses
Total User Licenses
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Activity Report Access
Activity Report Access
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True - Essentials Features
True - Essentials Features
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Advanced Features
Advanced Features
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False User Limit in Essentials
False User Limit in Essentials
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Dashboard Access
Dashboard Access
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Feature Differentiation
Feature Differentiation
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General Pricing Impact
General Pricing Impact
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Track Your Progress
Track Your Progress
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Version Recommendation
Version Recommendation
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Study Notes
QuickBooks Online Assessment Test
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Dashboard Navigation Pane: The Navigation Pane on the QuickBooks Online dashboard remains consistent, with a Home Page option that always returns users to the home screen.
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Activity Reports: The "See all activity" button in the bottom right corner of the home page opens time tracking reports.
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QuickBooks Online Versions:
- Self-employed: Simple Start is recommended for self-employed users with minimal needs.
- Small Company (15 Employees): The Advanced version is needed for a small company with 15 employees.
- Payroll & Online Billing: Bundled payroll with an online subscription increases monthly costs.
- Upgrade: Upgrading from Simple Start to a more comprehensive version may include additional features like online billing and reporting.
- Plus Features: Plus version contains profit, inventory and time tracking, essential for companies tracking sales, profits and inventory.
- Five-user Limitation: The Plus version has a limitation of 5 users.
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Features Comparison: Advanced includes all features in the Plus version, while Essentials offers a more limited set of features.
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Simple Start Feature: Simple Start includes bill entry and payment features.
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