The Primary Reason to Use Sales Automation Is To

question 12

Multiple Choice

The primary reason to use sales automation is to:

• A)enhance partnerships with clients and improve responsiveness.
• B)spend less time at office doing mundane and repetitive tasks.
• C)make a good impression on clients.
• D)impress your supervisors.
• E)keep track of sales and commissions.

Compare and contrast the advantages of using QuickBooks Desktop versus QuickBooks Online.

Distinguish between QuickBooks software download and QuickBooks subscription models.

Describe the process for transitioning clients to a new QuickBooks Desktop version.

Understand how to record customer credit card payments in QuickBooks.

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Definitions:

Periodic Inventory System

An inventory accounting method where inventory levels and cost of goods sold are calculated at set intervals, such as monthly or yearly.

Closing Entries

The journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, preparing the books for the next period.

Retained Earnings

Profits that a company keeps to use within the business after dividends have been paid out to shareholders.

Fiscal Year

A one-year period used for financial reporting and budgeting, which may or may not align with the calendar year.