How does do for quickbooks online

Assignment Help Accounting Basics
Reference no: EM132622414

Problem 1: QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions. How does it do this?

a) It can identify transactions that were posted to the wrong account

b) It can identify transactions where the posting date was manually entered and has a clearing date that differs from the bank data

c) It will recognize if transactions have been excluded erroneously from bank feeds

d) It will automatically record bank fees and interest earned

Reference no: EM132622414

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