Ledgr Academy

Spending and banking: the assessment

12 questions from the course's lessons. 80% passes; you see your score, not which answers were wrong. Up to 5 attempts a day.

What does the percentage beside a field such as Vendor tell you?
How far through the upload the file is
The share of the total you can claim back as VAT
How sure the scanner is about what it read
You capture the same receipt file a second time. What does Ledgr do?
It merges the two into one expense without telling you
It shows a Scanned before notice saying what the first scan became
It refuses the file and deletes the second copy
A market stall that is not VAT-registered gives you a slip with no VAT on it. What do you enter as the VAT?
0, because without a tax invoice from a VAT-registered supplier no input VAT may be claimed
The whole total, so that the expense adds up
The figure Ledgr works out at the standard rate
What does the number beside the Bills tab count?
Bills that are waiting for a photo
Every bill captured this month
Bills that are overdue
You save a bill with the same supplier and invoice number as one already captured. What happens?
Ledgr quietly overwrites the older bill
Ledgr refuses it and names the bill that already exists
Ledgr saves both and pays the supplier twice
What does choosing an account under Paid from do?
It moves that account's balance in Ledgr straight away
It emails the supplier a remittance advice
It sends the payment to the supplier from your bank
What does the preview write to your books?
Nothing, until you tap the import button
Every row it read, straight away
Only the rows that are not duplicates
You import a statement whose dates overlap last month's. What happens to the overlap?
The whole import is refused
Every overlapping line is imported twice
Lines already in Ledgr are counted as already held and not imported again
Which route gets statements in from every one of the nine banks automatically?
Having the bank email the statement to your company's Ledgr address
Connecting a live feed
Typing the transactions in on the Accounts tab
You settle a customer's invoice from their payment's bank line. Which date is the payment recorded on?
The date on the bank statement
Today's date
The invoice's due date
What does Preview show on the Bank Rules tab?
A printable copy of the bank statement
What your rules would do to the unreconciled lines, before anything changes
The rules other companies use
You save a new rule for a monthly debit order. When does it code your lines?
Straight away, on every account, without asking
When you Preview and then Apply, unless you ticked Run this rule on lines as they arrive
Only once the month has been closed

Your name, as the certificate should show it

Your email

The certificate is sent here, and becomes checkable once you confirm it.