Final answer:
One incorrect statement about QBO time tracking is that it requires an external application for all timekeeping, when in fact, QBO has built-in time tracking features that allow direct logging of work hours within the platform.
Step-by-step explanation:
One statement that is NOT true regarding QBO (QuickBooks Online) time tracking is that QBO requires an external time tracking application for all timekeeping purposes.
QuickBooks Online has built-in functionalities for time tracking, allowing users to log the hours worked by employees or contractors directly within the platform.
It does not mandate the use of an external app, although integration with other time tracking applications is possible if users prefer that method.
However, it's worth noting that QuickBooks Online's basic time tracking capabilities might not be enough for every business's needs, which is why some might opt for enhanced features that are available through external applications.