Which statements are true about Spreadsheet Sync?

Spreadsheet Sync is a powerful feature that facilitates interaction between QuickBooks and Microsoft Excel, enhancing the way users can manage and analyze their financial data. The first statement regarding its exclusive compatibility with Excel Office 365 highlights its integration capabilities, enabling users to leverage the latest tools and features available in that version, ensuring optimal functionality and security.

The second statement emphasizes that clients can actively engage with their data by creating and editing transactions directly within Spreadsheet Sync. This interactivity is crucial as it streamlines processes, allowing users to make updates or add new transactions in real-time, thereby improving work efficiency.

The third point states that it enables the building of reports with live transaction data. This is particularly significant because it underscores the dynamic nature of Spreadsheet Sync, allowing users to generate up-to-date reports that reflect current data directly from their QuickBooks environment without needing to export and manually update information.

Combined, these statements illustrate the comprehensive capabilities of Spreadsheet Sync, which not only enhances data integrity and usability but also supports real-time updates, making it an essential tool for users looking to optimize their financial reporting processes.