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QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions. How? It can identify transactions that were posted to the

QuickBooks Online uses smart learning in its reconciliation tool to help find any rogue transactions.

How?

  • It can identify transactions that were posted to the wrong account
  • It can identify transactions where the posting date was manually entered and has a clearing date that differs from the bank data
  • It will recognize if transactions have been excluded erroneously from bank feeds
  • It will automatically record bank fees and interest earned

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