A | B |
Banking Menu | Menu that contains the Write Checks |
Bank Reconciliation | The procedure to account for all differences between the company’s cash account record and the bank statement. |
QuickReport | Report from the Chart of Accounts List window that displays all activity within an account. |
Reconcile windows | Activity windows used to reconcile a cash account. |
Transfer Funds Between Accounts window | Activity window used to transfer funds among cash accounts. |
Missing Checks report | Report that displays detailed information for each check written. |
Enter Credit Card Charges window | Activity window used to enter credit card charges. |
Deposit Detail report | Report from the Reports menu that displays details of each deposit for a specified period of time. |
Reconciling Items | Items |
Cleared Checks | Checks written by the company that have cleared the bank. |
Time tab | Tab on the Choose Billable Time and Costs window that lists billable hours worked for a specific job. |
Customer Center | Center that contains a file for each customer job. |
Profit & Loss by Job report | Report that displays the revenues |
Billable Time | Time worked by company personnel that can be billed to customers. |
Time Tracking | Process by which a company maintains records of time worked by employees for various customers or jobs. |
Job Profit | Job revenue less job expenses. |
Time by Job Summary report | Report that displays employee time spent on each job. |
Job | Can be a project |
Weekly Timesheet window | Window where time worked by company personnel is entered. |
Job Revenue | Income earned for a particular job. |
Additional Customization dialog box Columns tab | Used to choose fields of information and order of appearance in the Create Invoices window and on a printed invoice. |
Prepare Letters with Envelopes | Command choice to use pre-formatted business letters available in QuickBooks Pro. |
Memorize buttons on command line | Button used to save the changes made to the settings in a report. |
Customize button | Used to customize a pre-established invoice in QuickBooks Pro. |
Collapse/Expand button | Buttons used to list all numbers in a report in one clumn or to separate the subaccounts into the left column of a report. |
Memorize Check on Edit menu | Command used to save a routine transaction so you can recall it for later used. |
Display tab | Tab used to add or delete the fields of information displayed in each column in a report. |
Accumulated Earnings | Account created and used by QuickBooks Pro at the start of the new fiscal year to automatically transfer the net income of the previous year into it. |
Export button | Button used to export a report into a spreadsheet. |
Header/Footer tab | Tab used to establish the headers and footers to be displayed in a report. |
Skip EasyStep Interview | An alternative method of New Company Setup. |
Inventory Asset and Cost of Goods Sold | Accounts automatically created by QuickBooks Pro when you choose an inventory item part in the New Item window. |
Inactive | An option you can choose so accounts not in use are not displayed in the reports. |
Preferences – Accounting | Window used to activate accounts numbers. |
System Default Accounts | Accounts automatically created by QuickBooks Pro |
Uncategorized Income | Account created by QuickBooks Pro as an offsetting amount of Accounts Receivable. |
Preferences – Items & Inventory | Window used to activate the inventory feature. |
Customer & Vendor Profile Lists | Submenu used to open the Terms List window. |
Most Common Sales Tax | Field that must be completed to activate the sales tax feature. |
Uncategorized Expenses | Account created by QuickBooks Pro as an offsetting amount of Accounts Payable. |
Social Security Tax Medicare Tax FUTA and SUI | Payroll taxes imposed on the employer |
QuickBooks Payroll Services | A variety of services offered by QuickBooks Pro; includes automatic processing of payroll and requires a monthly service fee. |
Payroll Liabilities and Payroll Expenses | Two default general ledger accounts created by QuickBooks Pro when the payroll feature is activated. |
Social Security Tax | Medicare Tax |
Payroll Item List | Contains a file for each type of payroll item that affects the payroll computation. |
Government Agency | Listed on the Vendor Center and included in Payroll Item List; identifies where the employee’s payroll withholdings should be sent. |
Manual Payroll Calculations | An option that must be activated in order to access the Payroll Item List when a company does not subscribe to QuickBooks Payroll Services. |
Social Security and Medicare | Payroll item that requires identifying two liabilities accounts and one expense account in the Payroll Item List. |
Payroll Items | Compensation |
Payroll | Involves computing each employee’s gross earnings |
Payroll and Compensation Info tabs | Tab in the New Employee window where pay information is entered. |
Form 941 | Quarterly payroll report forwarded to the Internal Revenue Service. |
Pay Employee windows | Series of three windows. |
New Employee button | Button in Employee Center used to access New Employee window. |
Preview Paycheck window | Window used to enter pay and tax information in order to calculate net pay. |
Payroll Liability | Report that lists all payroll liabilities unpaid as of a specified date. |
Employee Center | Contains a file with each employee’s payroll background information. |
Employee State Taxes Detail report | Report that displays information concerning state taxes imposed on the employer and employee. |
Pay Liabilities window | Window used to pay payroll liabilities accumulated when pay is processed. |
Payroll Summary report | Report that displays the earnings |