Question 1

What are the steps in creating a vendor in Accounts payable?

Accepted Answer

AP - Vendors - Add - Fill out fields - save

Answer

AR - Vendors - Add - save

Answer

AP - Vendors - Add - save

Answer

AR - Vendors - Add - Fill out fields - save

Question 2

What does "include private" mean?

Accepted Answer

Includes everything from entity level to top level

Answer

Includes everything from entity level to private level

Answer

Includes everything from corporate level to top level

Answer

Includes everything from entity level to eyes only level

Question 3

What is the purpose of a check run?

Accepted Answer

Allows client to print up to 1000 checks at onetime for payment requests

Answer

Allows client to print up to 250 checks at onetime for payment requests

Answer

Allows client to print up to 10000 checks at onetime for payment requests

Answer

Allows client to print up to 500 checks at onetime for payment requests

Question 4

What is a check register?

Accepted Answer

To show all checks that have been printed

Answer

To show all invoices that have been printed

Answer

To show all accounts that have been printed

Answer

To show all vendors that have been printed

Question 5

What does COA stand for?

Accepted Answer

Chart of Accounts

Answer

Chart of Assets

Answer

Chart of Actuals

Answer

Chart of Accrual

Question 6

What is a memorized transaction?

Accepted Answer

Recurring transaction

Answer

Answer

Annual transaction

Answer

Question 7

What is a trial balance?

Accepted Answer

Shows all account balances

Answer

Shows all debit balances

Answer

Shows all credit balances

Answer

Shows all debt balances

Question 8

How does a client merge a vendor?

Accepted Answer

Accounts Payable > All > Periodic Tasks> Account Maintenance > Merge Vendors

Answer

Accounts Receivable> All > Periodic Tasks> Account Maintenance > Merge Vendors

Answer

Accounts management > All > Periodic Tasks> Account Settings > Merge Vendors

Answer

Cash Management > All > Periodic Tasks> Account Maintenance > Merge Vendors

Question 9

List the steps to create an account group.

Accepted Answer

General Ledger > Search & Find > Account Group > Add

Answer

Accounts Payable> Settings > select green icon next to Groups

Answer

Accounts Payable> Admin > select green icon next to Groups

Answer

Company > Admin > select green icon next to Groups

Question 10

How do you print payment copies?

Accepted Answer

AP - Account Maintenance - Print payment copies

Answer

CM - Account Maintenance - Print payment copies

Answer

GL - Account Maintenance - Print payment copies

Answer

AR - Account Maintenance - Print payment copies

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