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Home/ Questions/Which 3 statements regarding Bank Rules are true? (Select all that apply) Bank rules can be...
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lizawr
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lizawr
Asked: April 10, 20222022-04-10T08:22:50+00:00 2022-04-10T08:22:50+00:00In: Accounting

Which 3 statements regarding Bank Rules are true? (Select all that apply) Bank rules can be…

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Which 3 statements regarding Bank Rules are true? (Select all that apply)

Bank rules can be prioritized Bank Rules are only included in QuickBooks Online Plus or Advanced subscriptions

Bank rules can be copied, edited, or deleted

You can automatically add transactions to the register using Bank Rules

There is an additional fee to use Bank Rules in QuickBooks Online

Only an Accountant user can set up Bank Rules in QuickBooks Online


♦ Relevant knowledge
Utilize bank rules to automatically process transactions derived via bank feeds or bank statement.

If you are importing similar transactions each month like direct debits, create rules that automatically determine the kind of the transaction. This could be ledger accounts or the customer or supplier.

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    tonytutoria
    2022-04-10T08:22:52+00:00Added an answer on April 10, 2022 at 8:22 am

    These statements are true :

    1.Bank rules can be prioritized

    2. Bank rules can be edited, copied, or deleted

    3. You can automatically add transactions to the register using Bank Rules

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