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You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to enter a deposit for a payment
You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to enter a deposit for a payment check, which they post manually to an income account. What problems will this cause? (Select all that apply)
Their accounts receivable balance will not be accurate due to an unapplied payment
Theyll create duplicate expenses
The transaction will generate duplicate income
The income will not be recorded
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