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Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful? Payroll summary Pay bills Journal entries New invoice
Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful? Payroll summary Pay bills Journal entries New invoice
Final answer:Journal entries would serve best for recording payroll conducted outside of QuickBooks as it facilitates the direct recording of transactions in the accounting system. Its utility is highlighted in preventing sizeable errors like the one caught by Noel in our reference scenario, underscoring the need for accurate transaction recording.Explanation:Alan's task of recording payroll that was processed outside of QuickBooks would make the most utility of theJournal entriesfunction in QuickBooks. This function lets one record transactions directly into the accounts without needing to go through the workflow process. This comes into play in scenarios such as recording payroll when done outside the QuickBooks platform. From the reference scenario provided about Noel, it can be inferred that recording and monitoring transactions accurately is crucial in any business to prevent costly errors. An example of such a transaction is the overstated equipment bill caught by Noel which saved the company from a hefty overpayment to a supplier. Therefore, Journal entries work best since they allow direct entries into the accounting records.Learn more about QuickBooks here:brainly.com/question/37803116#SPJ3...