Final answer:
QuickBooks Online user permissions can be managed through access levels assigned to groups. Two groups in QuickBooks Online that have access levels applicable to regular and custom users are Standard User and Custom User groups.
Step-by-step explanation:
QuickBooks Online user permissions can be managed through access levels assigned to groups. Two groups in QuickBooks Online that have access levels applicable to regular and custom users are Standard User and Custom User groups.
The Standard User group grants access to common tasks like creating and editing customers, vendors, and transactions. Custom users, on the other hand, have access to specific areas of QuickBooks Online that are defined by the administrator. These areas can be customized and restricted based on the needs of the organization.
It is important for an administrator to carefully assign access levels to groups to ensure that users have the right permissions to perform their roles and responsibilities without compromising sensitive financial data.