Which 2 statements regarding Bank Feed best practice workflows are correct?

Question

01-02-2021
Business

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Which 2 statements regarding Bank Feed best practice workflows are correct?

Sagot :

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-02-02T19:22:09-05:00

Answer: • You should complete Match transactions first, then move on to Add transactions.

• You should match downloaded Bank Feed transactions to Invoice Payments, Sales Receipts, Deposits, or open invoices.

Explanation:

The statements regarding Bank Feed best practice workflows involves the matching of transaction first, after which the transactions can then be added.

Also, one should ensure that the Bank Feed transactions that are downloaded should be matched to to their respective book of account such as deposits, Invoice, Sales Receipts, etc.

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