Question

1.in quickbooks online, when can the vendor list be updated? only after entering transactions. before entering transactions and after entering transactions. before entering transactions and while entering transactions. none of the choices are correct.

Answer 1

In QuickBooks Online, the vendor list can be updated before entering transactions and while entering transactions. Therefore, the correct answer is: Before entering transactions and while entering transactions.

Step-by-step explanation:

In QuickBooks Online, the vendor list can be updated both before entering transactions and after entering transactions.

You can update the vendor list before entering transactions by going to the Vendor Center, selecting a vendor, and making changes to their information.

Additionally, you can also update the vendor list while entering transactions, by selecting a vendor and making necessary changes to their details right on the transaction form.

Therefore, the correct answer is: Before entering transactions and while entering transactions.

Answer 2

The vendor list in QuickBooks Online can be updated before entering transactions and while entering transactions, facilitating flexibility in maintaining accurate vendor information. The correct answer is option C.

Step-by-step explanation:

In QuickBooks Online, the vendor list can be updated at different points in the transaction process. The correct answer to the question is that the vendor list can be updated before entering transactions and while entering transactions. It is important to maintain an up-to-date vendor list for accurate record-keeping and financial reporting.

When initiating a transaction, QuickBooks allows the user to add a new vendor or edit an existing vendor's information. Additionally, users can access the vendor list from the main dashboard and make changes to vendor details without having to be in the middle of a transaction.