Identify the two best reasons that may indicate a transaction should be excluded in bank feeds. If the posting date and the actual payment date don't match in the bank feed If the client told you the transaction should be excluded To remove transactions that were manually uploaded in error If the transaction has already been manually posted and reconciled in QuickBooks Online If bank description doesn't match the payee name

In sap, Which of the following outgoing payments will not require manual entry of bank account?a. Cashb. Credit Cardc. Checkd. Bank Transfer

Question 1 From the For review tab in the Banking center, how can you exclude a bank transaction that is a duplicate? Find transaction > Select Update in banner > Exclude Find transaction > Edit > Save and exclude Find transaction > Select Exclude under Action column Find transaction > Check box next to transaction > Select Exclude in banner

In QuickBooks Online, what is the purpose of entering transactions manually in the register? Select an answer: to reconcile bank statements with QuickBooks Online records to track sales with detailed product/service items and at the customer level, without tracking accounts receivables to enter both money in and money out type of transactions directly in the register, particularly useful for entering multiple transactions in bulk to record a transfer of funds between bank accounts

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Don't use Ai. Answer in step by step with explanation

What is the difference between a bank feed transaction and a manually entered transaction in QuickBooks Online? Select an answer: A bank feed transaction is a fixed asset, while a manually entered transaction is a current asset. A bank feed transaction is imported automatically from your bank or credit card company, while a manually entered transaction is entered manually by the user. A bank feed transaction is a liability, while a manually entered transaction is an asset. A bank feed transaction is an expense, while a manually entered transaction is income.

In QuickBooks Online, what is the purpose of creating a deposit as income? Select an answer: to record income deposited in the business accounts that is not related to a specific customer transaction to reconcile bank statements with QuickBooks Online records to record a transfer of funds between bank accounts to track customer payments received for open invoices

Why should a company prepare a bank reconciliation for each account every period? What types of issues are avoided by doing this? please no plagrisim and don't copy someone else work, I need a new work for my homework

On the Excel worksheet are the T- accounts for cash and other accounts need to record the bank reconciliation. Also, the format for the bank reconciliation is provided. Complete the bank reconciliation, using formulas when possible.