QBO Solutions (IS) - Billing Options Flashcards
TRUE OR FALSE
When you sign up a client via QuickBooks Online Accountant, you can offer them a choice of billing options.
True
What are the billing options available to clients?
Client billed subscriptions and Accountant billed subscriptions
What is the name of the program that offers discounts for you and your clients.
TRUE OR FLASE
When you add a client to QuickBooks Online Accountant, you can choose whether to sign them up to QuickBooks Online straightaway or later.
True
What are the three billing options ?
The three options are:
ProAdvisor discount
Direct discount
Revenue share
What are the billing options when my firm is billed?
ProAdvisor discount
What are the billing options when the client is billed?
Direct discount
Revenue share
Under the ____ discount, you’ll receive a 30% discount on all QuickBooks Online, QuickBooks Online Payroll, and QuickBooks Time subscription levels and 15% off employee and contractor fees with QuickBooks Online Payroll and QuickBooks Time.
ProAdvisor discount
TRUE OR FLASE
The ProAdvisor discount applies to the first 12 months of the client’s subscription, with the option to cancel anytime.
False
The discount applies to the whole duration of the client’s subscription, with the option to cancel anytime.
Which billing option gives clients a 30-day free trial?
Direct discount and Revenue Share
What is the main difference between the ProAdvisor Discount and the Direct discount?
The main difference is that with the Direct discount, the client pays for their own subscription and the discount only applies for the first 12 months from their enrollment date. Once the discount period ends, the fees revert to the full listed monthly amount.
TRUE OR FALSE
The Revenue share billing option applies to QuickBooks Time.
False
Unlike the other discount options, the Revenue share option doesn’t apply to QuickBooks Time.
TRUE OR FALSE
All QuickBooks accountants are automatically eligible for the Revenue Share Program.
False
Before one can offer the Revenue Share option to clients, they need to enroll in the program.
Once you’re enrolled, the Revenue share program offers clients a 30-day free trial followed by a ____% discount on billed charges for the next three months.
50%
What is the benefit of using the Revenue Share billing option?
You’ll receive 30% of the billed price they pay each month for 12 months and, depending on which products they sign up for, you’ll also receive 15% of any employee fees your client pays.
