70.2K
Verified Solution
Link Copied!
Reclassifying transactions can help tidy up accounting entries quickly by saving time, and avoiding individual edits or unnecessary journal entries.
Which 2 statements are true when referring to using the Reclassify Transactions Tool? (Select all that apply)
-
- A ) A client user can only access the Reclassify Transactions Tool if they have been set up with Company Admin functions.
-
- B ) A green icon to the left of the transaction being reviewed indicates that full changes can be made, including the tax code.
-
- C ) A yellow icon indicates that you can only amend the account code.
-
- D ) A yellow icon indicates that you can only amend the class code.
-
- E ) A red icon indicates no changes can be made using the Reclassify Transactions Tool.
Answer & Explanation
Solved by verified expert