Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your client took on a time-and-materials job for Golds Security. The client just called because there were no billable expenses available when they tried to

Your client took on a time-and-materials job for Golds Security. The client just called because there were no billable expenses available when they tried to create an invoice. The purchase transactions for the job have been assigned to Golds Security in QuickBooks Online Plus.

What 2 factors have likely caused this issue?

  • The billable expenses were not assigned a class
  • The setting to make expenses billable is not turned on
  • The purchases were entered on a check screen rather than bills
  • The billable expenses have expired
  • The billable column on the purchases was not checked

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: James Jiambalvo

4th edition

9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797

More Books

Students also viewed these Accounting questions