How does QuickBooks Online use machine learning in its reconciliation tool to help find any hidden transactions

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05-01-2021
Business

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How does QuickBooks Online use machine learning in its reconciliation tool to help find any hidden transactions

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Parrainidn Parrainidn · Answer 1 · 2021-01-05T21:56:24-05:00

Answer: b. It can identify transactions where the transaction date is in a future period and the cleared date is in the statement period .

Explanation:

QuickBooks online uses machine learning based on the transactions that it conducts with its millions of users so that it provides a better experience for those same users.

One way machine learning is used is in reconciliation where it identifies transactions that may have a future date but by virtue of their clearing dates should be in the current period and so may have been hidden.

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