Section 1
Review Answers
Take a minute to review your answers before you turn in your work.
Once you submit this section, you won’t be able to change your answers.
Q1
Which 3 of these areas does the Client Needs Assessment tool focus on
to help gather the information needed to select the right QuickBooks Online
subscription for a client?
Edit answer
Your answer:
Needs assessment
Features and solutions
Client profile
Q2
What are the 3 primary ways to migrate client data to QuickBooks
Online?
Edit answer
Your answer:
Use the Import data tool
Enter data manually into the QuickBooks Online forms and check registers
Convert data from existing QuickBooks Desktop file
Q3
What is the minimum QuickBooks Online version suitable for Brian's
client?
Edit answer
Your answer:
QuickBooks Online Plus
Q4
What is one difference between ProAdvisor Discount and Direct
Discount pricing, apart from who pays for the subscription?
Edit answer
Your answer:
Duration of discount
See how the accountant-only toolbox gives you the tools to provide more effective and more efficient client services.
The right tools for the right tasks, right in your client's books.
Once you're in your client's books, a briefcase icon will appear in the upper left corner. Click the drop down menu to access tools, reports and more — all designed specifically for accountants.
Work more efficiently
With these accountant-only tools, you can streamline your work and access customizable reports so you can advise clients even quicker.
Use this tool to find transactions that have been assigned to incorrect accounts or classes and reclassify them in batches.
Access the pre-filtered audit log for voided and deleted transactions, and make additional customizations.
Remove invoices and reverse any revenue amounts with only a few clicks.
Enter debits and credits, transfer money between income and expenses or from an asset, liability, or equity accounts.
Alert clients when post-closing changes will affect a closed period or alert a client and require a password in order to make the change.
Make sure client books match bank statements, and undo any client mistakes.
Access accountant-only reports, specify date ranges and quickly access frequently used reports.
Create custom report groupings with cover pages and additional information pages.
Create custom reports, customized groupings, and schedule distributions. Access directly from the toolbox link.
Set date ranges for work periods and QuickBooks will automatically populate in your reports.
Access your client’s Chart of Accounts with just one click.
Easily open additional screens to compare multiple reports and other QuickBooks features.
Tax time made simple
The Trial Balance tool reduces time spent on manual data entry by exporting your client's QuickBooks Online data directly into their tax return and corrects entries to make the end of the year even easier.
Adjusting entries
Eliminate the need to export data by comparing prior and current tax-year data side by side. Then record new activity in a separate adjusting entries field, which captures your changes directly to the books while preserving trial balance data.
Tax mappings
Eliminate manual entry with tax mappings, which automatically maps account balances to specific tax lines, allowing you to easily review and re-assign data.
Export to ProConnect Tax Online
Streamline the prep to file process by exporting tax-ready data into ProConnect Tax Online, or export to Excel for use with your preferred tax software.