Question

In: Accounting

Which QBO List would be used with the following transactions? QBO Lists Customers List Vendors List...

Which QBO List would be used with the following transactions?

QBO Lists

Customers List

Vendors List

Employees List

Recurring Transactions List

Transactions

1. Weekly Payroll

2. Expense

3. Credit Card Credit

4. Invoice

5. Estimate

6. Bill

7. Purchase Order

8. Pay Bills

9. Receive Payment

10. Saved Deposit Transaction

11. Sales Receipt

12. Check

Expert Solution

Transactions QBO List

1. Weekly Payroll - Employees List

Weekly payroll will be prepared by the business to give wages to the employees.

2. Expense - Recurring Transactions List

Recurring transactions are the periodical expenses occured in the business.

3. Credit Card Credit - Customers List

Credit is given by the company to its customers.

4. Invoice - Customers List

Every business will prepare invoices ragarding the sales done by its customers.

5. Estimate - Employees List

Business will estimate the payroll to the employees periodically.

6. Bill - Vendors List

Business will receive bill from the vendors for the purchase of raw materials.

7. Purchase Order - Vendors List

Business will have to make purchase order. This order is given to the vendors.

8. Pay Bills - Vendors List

Business will have to pay off its bills, inorder to make a smooth relationship with vendors.

9. Receive Payment - Customers List

Business will receive payment from customers regarding credit sales.

10. Saved Deposit Transaction - Recurring Transactions List

Saved deposit transactions are example of recurring tramsactions. Recurring transactions are occured periodically.

11. Sales Receipt - Customers List

The business will have to make sales receipt from customers regarding the sales.

12. Check - Employees List

The business will have to check periodically the employees list.

ekkarill92 answered 1 year ago

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