Question

5. Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?(Select all that apply)...

5. Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?(Select all that apply)

• • The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online

• • If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction

• • You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app

• • QuickBooks Online will fill in the fields it can for the expense using the OCR data

• • You can assign a payee, account, payment date, category, description, amount, and memo to the expense transaction in the Review screen

• You can only have one sender email registered to forward receipts in each company

Homework Answers

Answer #1

5. 1 The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online.

2. If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction

3. You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app

4.QuickBooks Online will fill in the fields it can for the expense using the OCR data.

Rest of the statements are not correct regarding QuickBooks Online Receipts Capture Feature.

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