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In Quickbooks Online, which of the following statements are true of the Tips feature of QuickBooks Online? (select all that apply): Setting up Tips always

In Quickbooks Online, which of the following statements are true of the Tips feature of QuickBooks Online? (select all that apply):

  • Setting up Tips always creates an income account for tips that are recorded to post to
  • Setting up Tips always creates a liabilities account for tips that are recorded to post to
  • The type of account tips post to depends on whether the tips are distributed to a team or just to the business owner
  • Tips can only be distributed via paychecks to team members
  • Tips functionality cannot be turned off
  • Tips functionality can be turned off

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