When running reports for Mariettes Marketing in QuickBooks O
When running reports for Mariette’s Marketing in QuickBooks Online, you notice that the income amount is unusually high but A/R balances look okay. Which of the following errors could be the reason?
Solution
ANSWER:
There is a possbility that it received Payments against invoices, then posted deposits to income accounts. Because the deposited customer payments to an income account thus such payments have not gone towards the customers invoices.
