Your client's Undeposited Funds account has a negative balance.

What could this mean?

At least one customer payment was dated prior to its invoice.

At least one vendor payment was dated prior to its bill.

Revenue is overstated.

Accounts Payable is overstated.

Undeposited Funds is overstated

Which statement is true about the Write off invoices tool?

It's best used in cash-basis situations with no sales tax

It's accessed from the Sales tab or inside of any individual invoice

Only admin and accountant users have access to this tool

It's available in QuickBooks Online Plus and Advanced only

Which customization could be done to the Vendor List to help identify duplicates?

Group by phone, add a column for the zip

Group by phone, add a column for the phone

Group by city, add a column for the last name

Group by zip, add a column for the phone

When using the Write Off Invoices tool, what are 2 ways an accountant user can search for invoices?

Search client name for open invoices

Enter a dollar amount in the Balance less than field

Enter invoice number range in the From and To fields

Adds line items to the invoice using same items with a negative amount

Search by Invoice Template