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In QuickBooks terms, what is a list and what is a transaction?

April 26, 2017list QuickBooks terms transaction

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In QuickBooks terms, what is a list and what is a transaction?

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List items include Accounts, Customers, Vendors, Sales Items, and so on. Transactions use list items as well as currency amounts to track financial activity involving money. These include things like Invoices, Checks, and Bills.