Practice, not the exam
Billing, VAT and payments: practice quiz
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Answered 0 of 28. Practice questions are not the exam.
1. Which lines does Invoice this job bill?
2. Approved lines total 440.00 and the customer adds wiper blades of 50.00 at the counter. What is the invoice total with 5% VAT?
3. A counter item added at billing changes the job's original estimate.
4. What does Zeyto Garage Pro do about e-invoicing today?
5. What becomes of the job's state when its invoice is posted?
6. An advance receipt prints as TAX INVOICE (ADVANCE) when:
7. How much VAT is inside an advance of 105.00 at 5%?
8. An invoice of 462.00 applies an advance of 200.00. What does the customer owe?
9. A proforma invoice posts stock and cost like a tax invoice.
10. After the job's invoice exists, a customer wants to pay money in. What is it recorded as?
11. Which payment modes can be taken on the payment sheet?
Select all that apply.
12. Where does a dated cheque sit until it clears?
13. For a credit customer, how does the Paid now box start?
14. The invoice is 514.50. The customer pays 200.00 by card and 320.00 in cash. What is Change due?
15. A card payment can be entered for more than the balance so the cashier can give change.
16. Which formula gives the expected cash at day close?
17. Opening float 300.00, taken 1,850.00, paid back 120.00, paid out 80.00. The cashier counts 1,940.00. What is the difference?
18. The tolerance is 5.00 and the cash is short by 10.00. What is booked to Cash Short and Over?
19. A post-dated cheque counts as expected money at day close.
20. Who may close the day a second time after the first close?
21. A customer was invoiced the wrong quantity of one line. Which Correct this invoice answer fits?
22. A returned oil filter of 45.00 was sold with 5% VAT. What is the credit note total?
23. Which are possible destinations of the money on a credit note?
Select all that apply.