Question

Quickbooks Online Question:

(A) What is a module?
(B) Organize the following source documents according to the QBO modules used. Define each module.

•   Bills and vendor payments
•   Invoices and customer payments

Answer 1

A module is a separate unit of software or hardware. Typical characteristics of modular components include portability, which allows them to be used in a variety of systems, and interoperability, which allows them to function with the components of other systems. The term was first used in architecture.

Bills and vendor payments is defined as Account payable module

Invoices and customer payments is defined as Account receivable module