| 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 |
