What information source can provide insight into discrepancies when comparing reports?

Prepare for the ProAdvisor Certification Exam with this comprehensive quiz. Use flashcards, multiple choice questions, and explanations for each question to enhance your exam preparation and boost your confidence.

The correct answer is the conversion report emailed to the accountant user. This report is crucial in identifying discrepancies when comparing reports because it provides detailed information about the data migration process, highlights any issues that arose during the conversion, and outlines specific adjustments made to ensure accuracy in the new system. It serves as a comprehensive overview of what has been imported, modified, or left out during the transition, which is vital for understanding any differences in financial reporting that may appear after moving data from one system to another.

On the other hand, the verification report generated during the verify and rebuild process is focused on the integrity of the data within QuickBooks and is used primarily to identify file corruption or errors in transactions rather than discrepancies between reports. The last reconciliation report for the relevant account is useful for assessing the accuracy of account balances but does not directly address larger discrepancies across various reports. The initial setup report of QuickBooks Online provides an overview of the configuration settings and charts of accounts but lacks the context needed to analyze discrepancies revealed in ongoing financial reporting.

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