This QuickBooks Online (US Version) test evaluates candidates’ proficiency in the US version of the software, including their ability to navigate the system, process transactions, generate reports, prepare reconciliations, and perform other key QBO tasks.

QuickBooks Online is an accounting software package geared mainly toward small and medium-sized businesses for the processing of accounting information, paying bills, generating sales invoices, preparing reconciliations, and running reports to manage the financial aspect of the business.

This QuickBooks Online test evaluates candidates’ ability to use the software in key areas:

- Set up a company and maintain lists such as the Chart of Accounts, customers, and vendors

- Process sales transactions

- Set up products and services

- Process customer payments and refunds

- Process vendor purchases and expenses, bill payments, and refunds

- Set up the banking function

- Prepare bank reconciliations

- Processing journal entries

- Running reports as required by the core functions

Candidates who perform well on this test have a strong grasp of QuickBooks Online and possess practical experience using the software. They have a good understanding of how to navigate the system and process accounting transactions, know which reports to run for a core business function, and can prepare reconciliations to ensure the company’s financial data is accurate.

This test does not cover taxes in QuickBooks Online, as that process and requirements differ from country to country.