Asked by Jasmine Banks on Jun 15, 2024
Verified
When using the Navigation Bar to enter expense transactions in QBO,a user must perform the following:
A) Select Create (+) and click on the drop down arrow for New transaction.Next,select the type of transaction and complete the online form.
B) Select Expenses and click on the drop-down arrow for New transaction.Next,select the type of new transaction and complete the online form.
C) Select Accounting and select New transaction from the Vendors transaction selection shown.
D) Select Create (+) and select New transaction from the Vendor transactions shown.
Expense Transactions
Financial transactions that represent the costs incurred by a business in the course of its operations.
New Transaction
A recent or upcoming financial event that is recorded or needs to be recorded in an accounting system.
Online Form
An online form is a digital document designed to collect data from users over the internet, often used for registrations, surveys, or transactions.
- Acquire proficiency in navigating and applying distinct onscreen forms in QuickBooks Online for the purpose of vendor and expense management, encompassing the Check form, Expense form, and Pay Bills form.
Verified Answer
SC
Swadeep ChaturvediJun 22, 2024
Final Answer :
B
Explanation :
To enter expense transactions in QuickBooks Online (QBO) using the Navigation Bar, the correct process is to select "Expenses" and then click on the drop-down arrow for "New transaction." This allows the user to select the type of new transaction and complete the online form.
Learning Objectives
- Acquire proficiency in navigating and applying distinct onscreen forms in QuickBooks Online for the purpose of vendor and expense management, encompassing the Check form, Expense form, and Pay Bills form.