What could be 2 reasons why Revenue recognition in Quickbooks Online Advanced isn't working for...
80.2K
Verified Solution
Link Copied!
Question
Accounting
What could be 2 reasons why Revenue recognition in Quickbooks Online Advanced isn't working for a particular product or service?
(A) The user doesn't have permission to use the Revenue recognition feature (B) The service duration is longer than a year (C) The item to be deferred is setup as a non-inventory type item (D) The Revenue recognition account selected is an expense account (E) The Revenue recognition setting is turned off
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
