QuickbooksProAdvisor Questions: 7 Quick Questions for Your QuickbooksProAdvisor


You can organize your business finances using QuickBooks, like many other business owners. However, it helps to know a few questions that you should ask your friendly, neighborhood QuickBooks ProAdvisor before you get started.

Business owners spend a lot of time and energy recording financial transactions. If you’re a new business owner, however, you may not understand the importance of financial bookkeeping.

Many new entrepreneurs fail to focus on accounting, which later becomes a huge problem. Alternatively, forward-thinking entrepreneurs may have a few QuickbooksProAdvisor questions.

7 QuickbooksProAdvisor Questions

QuickBooks can reduce the time and energy that you need to spend on bookkeeping. However, you may need a little help to get started.

Accordingly, it’s a good idea to ask for help from a live QuickBooks ProAdvisor.

To begin with, you want to make sure you choose a competent advisor. For example, ask a potential advisor if they’ve earned a QuickbooksProAdvisor certification.

To earn their certification, an advisor must answer QuickbooksProadvisor exam questions successfully. Once they’ve done this, they can help you run your business.

The following are seven quick questions to get you started.

1How Do I Manage Chargebacks in Quickbooks?

Chargebacks happen for many reasons. For example, your customers may experience buyer’s remorse. Alternatively, you could fall victim to a malicious actor with the stolen credit card.

When someone disputes a charge, QuickBooks Payments receives a notification. You must then reply with a letter responding to the dispute. The issuing bank will assess the situation and decide whether to issue the chargeback.

An advisor that has successfully navigated QuickbooksProadvisor test questions can help you to understand chargebacks easily.

2How Can I Stop Credit Card Fraud?

Major credit card vendors provide features to help pinpoint credit card fraud. You should check the websites of the cards that you accept to stay informed about the latest security trends. There, you can also learn about credit card security features.

During retail sales, you should always verify the cardholder’s identity. If you operate a brick-and-mortar location, make sure that all customers sign the sales slip.

Also, pay attention to address verification service (AVS) results. AVS is a tool that helps you to identify fraud, so make good use of it.

The QuickbooksProAdvisor certification exam questions ensure that a financial consulting candidate knows how to prevent credit card fraud, so make sure that they’ve passed the test.

3How Can I Watch for Suspicious Activity?

Identity theft and other suspicious activity are growing concerns for merchants. There are several ways that you can watch out for suspicious activity.

Phishing is one way that malicious actors steal sensitive information. This kind of theft involves the use of email to steal information.

They access vital information such as usernames and passwords by posing as an honest person. When reading emails, always make sure that you recognize the sender.

Also, keep an eye on your Quickbooks account. For instance, monitor who has access to your QuickBooks Online account.

You should also keep an eye on the Merchant Service Center portal. Browse the Activity & Reports section to see what’s going on with your account.

4Is It Important to Keep My Merchant Information Up-To-Date?

It’s essential that you also use the Merchant Service Center portal to manage your account information. There, you can change important information such as your User ID, your email address, your password or your security question.

The Merchant Service Center also changes your credentials across all Intuit products, such as:

  • QuickBooks Desktop
  • QuickBooks Online
  • QuickBooks Payroll
  • TurboTax

Intuit challenges you with extra security steps each time you make a significant account change. For instance, the QuickBooks website may send you a one-time confirmation code. You’ll need to enter the code before you can make any changes.

The Merchant Service Center portal can prove tricky to navigate. It’s a good thing that your new Quicken ProAdvisor answered the Quickbooks online Proadvisor exam questions correctly. Now, they’re prepared to help you manage your bookkeeping.

5Should I Switch to Smart Chip Card Readers?

EuroPay, MasterCard and Visa (EMV) is the latest standard for merchant cards. You’re probably more familiar with the term smart chip.

Smart chip credit cards offer more substantial security features compared to traditional magnetic strip cards. If you’re worried about fraudulent credit card activity, you want to install a smart card reader at your retail location. Smart chip card readers authenticate credit cards and reduce your liability for fraudulent transactions.

6Are There Limits on Direct Deposit?

QuickBooks limits how much money you can transfer using direct deposit. This limit protects your business from fraud. If you send an unusually large sum of money through direct deposit, for instance, you’ll receive an error message.

If this happens, you have options. You can lower the amount that you transfer using direct deposit. Alternatively, you can request an increase in your direct deposit transfer limit. You can also change when you transfer funds.

7Is Quickbooks Safe?

QuickBooks has many security features designed to protect your account. They make use of account suspensions, security checks and risk management practices, all to protect your Intuit account.

For example, Intuit may place a hold on your account as the company attempts to resolve a balance. If you attempt to send enough money to cover your entire payroll, for instance, you may receive an error message.

This error message may come in the form of an email or text, depending on how you set up your account. You’ll need to reply to that security message before you can issue payroll to your employees.

Choosing the Right QuickbooksProAdvisor

Business accounting and bookkeeping are essential for the sustained operation of your business. If you don’t have accounting experience, you may want to hire a QuickBooks ProAdvisor. However, there are things you may want to think about before choosing a financial advisor.

It makes good sense to come prepared with a few QuickbooksProAdvisor questions, rather than ignoring your business finances. Hiring a financial professional may cost more upfront, but it will save you money in the long run.

There’s a lot to know about running a business. For more helpful tips or to learn more about the latest trends, keep browsing through our blog.


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