Final answer:
Bank Rules in QuickBooks Online can be prioritized, copied, edited, or deleted, and used to automatically add transactions to the register, which contradicts the statements about them being available in only certain subscriptions, having an additional fee, or that only Accountant users can set them up.
Step-by-step explanation:
Bank Rules within QuickBooks Online automate the process of categorizing your transactions according to your financial management needs. They play a key role in streamlining accounting tasks and can save you a lot of time in bookkeeping processes. Here are the three true statements regarding Bank Rules:
- Bank rules can be prioritized - This allows you to control the order in which the bank rules are applied to the incoming transactions.
- Bank rules can be copied, edited, or deleted - You have the flexibility to adjust the rules as your business and its transactions change over time.
- You can automatically add transactions to the register using Bank Rules - This feature speeds up the bookkeeping process by applying rules to categorize transactions without manual intervention.
The statements about Bank Rules only being available in certain QuickBooks Online subscriptions, an additional fee to use Bank Rules, and that only an Accountant user can set up Bank Rules are not accurate. Bank Rules are advanced features that can be used across various QuickBooks Online subscriptions without extra charges, and users with appropriate permissions, not just accountants, can set them up.