What are the components of QuickBooks reconciliation reports?

devquora
devquora

Posted On: Feb 22, 2018

 

The six main components of QuickBooks are:

  1. Journal: The chronological order of transactions that happened during a period of time and are separated into debits and credits.
  2. Balance sheets: Tells about assets, liabilities, and equities.
  3. General ledger: Displays all the transactions that took place over a period of time from each account.
  4. Scorecard: This component is able to compare and contrast the profits, sales growth and cash flows between one company and the other.
  5. Recent transactions: This lists the transactions that happened within the last four days
  6. Transaction lists with split: Contain the transactions along with the split lines.

    Related Questions

    Please Login or Register to leave a response.

    Related Questions

    QuickBooks Interview Questions

    What is QuickBooks?

    QuickBooks is an easy way for managing payroll functioning, sales, payment of bills, expenses, inventory, and business payments...

    QuickBooks Interview Questions

    Explain about OPEX in QuickBooks.

    OPEX is Operational Expense in QuickBooks that includes the expenditure for the everyday running of the business...

    QuickBooks Interview Questions

    How is Capital Expense different from OPEX?

    Capital Expense or CPEX is the expense that benefits the business firm in the future...