True or False: Creating the company file is the last thing you do when you set up your financial records in Quickbooks.

You must have a purchase order in place in order to monitor and manage partial order receipt.

Are subcontractors paid on an expense report when their work is finished?

If you hire someone and they don't have their W-4 filled out, can they still work on the day you wanted them too?

True or False: QBP preference options control whether or not a decimal point will be required when entering a financial amount.

The shortcut to Open Invoices is:

When a customer's deposit is recorded using the Make Deposits window, QuickBooks creates a behind-the-scenes journal entry that will do what?

During the Advanced/Detailed Setup process, you notice there are some accounts you would like to add to your Chart of Accounts that are not on the default list. What is the easiest way to accomplish this?

What feature lets customers know how long they have to pay you?

You are setting up QuickBooks for the first time for a company that was established in 2001. During the Advanced/Detailed Setup, what should you enter as the start date?

Which two accounts are typically affected by Payroll Items when using the Payroll feature?