QuickBooks Online Solutions - BEGINNER SKILLS

Question 1

QuickBooks Online is ____ based.

Answer 1

Cloud based. The alternative to QuickBooks Online is QuickBooks Desktop.

Question 2

True or False

QuickBooks Online does not integrate with other Intuit products and third-party apps.

Answer 2

FALSE

Not only does QuickBooks Online allow you and your clients to track their finances in one easy-to-use tool, but it can also integrate with other Intuit products and third-party apps to create an end-to-end solution.

Question 3

TRUE OR FALSE

You need two user ID’s one to access your QuickBooks Online Accountant profile and another to access your clients’ QuickBooks Online companies.

Answer 3

FALSE

QuickBooks Online Accountant allows you to manage all your work and clients in one place.

With one user ID, you can access both your QuickBooks Online Accountant profile and your clients’ QuickBooks Online companies.

Question 4

There are ____ QBO Subscriptions levels

Answer 4

There are 5 QBO Subscription levels.

Ledger
For year-end, tax-only, and low-volume transaction clients who don’t require the full functionality of QuickBooks Online.

Simple Start
Ideal for solopreneurs and small business owners with basic accounting needs.

Essentials
Provides extra functionality for businesses with slightly more complex business needs.

Plus
Designed for small businesses that have employees and need to budget, manage inventory, and track multiple jobs.

Advanced
Aimed at businesses approaching mid-market size.

Question 5

TRUE or FALSE

Clients must pay for the QuickBooks mobile app.

Answer 5

FALSE

The QuickBooks app is free for clients with any QuickBooks Online subscription.

Question 6

The Silver Tier of ProAdvisor requires how many points

Answer 6

0-499

Question 7

The Gold tier of ProAdvisor requires how many points

Answer 7

500-2399

Question 8

The Platinum tier of ProAdvisor requires how many points

Answer 8

2400-6999

Question 9

The Elite tier of ProAdvisor requires how many points

Answer 9

7,000+

Question 10

Do ProAdvisor points ever expire?

Answer 10

Points expire from your balance when the action that earned them is no longer valid.

For example, if you earned 50 points for a QuickBooks Online subscription for one of your clients and that subscription is canceled, those 50 points are deducted from the points balance.