cancel
Showing results for 
Search instead for 
Did you mean: 
ilovelotty
Level 2

New User Questions

Before I get too far down the road of setting up my financial statements I am wondering if my thinking is correct.  Do I put my multiple exhibits as categories to track them separately and yet have them add up total wise to Exhibit income?  Or is there a better way. Thanks

Income  
 Exhibit IncomeProduct/Service
  ABC fairCategory
  kellsy fairCategory
 Graphic ArtsProduct/Service
 Painting ClassesProduct/Service
 Private LessonsProduct/Service
 Retail SalesProduct/Service
 WholesalesProduct/Service
3 Comments 3
Rustler
Level 15

New User Questions

That works but I would not use items for the fairs

 

Track the fairs with either a class tag or location tag.  Down the road you may stop going to one or add additional fairs to your outings

ilovelotty
Level 2

New User Questions

Thanks for the idea but QB Online does not allow the use of class or location. 

 

I wonder if you could make the fairs the customer and bring in the retail sales that way.

Kristine Mae
Moderator

New User Questions

Good day, Ilovelotty.

 

The class and location tracking feature is available in QuickBooks Online Plus only.

 

In your case, you can set up multiple exhibits as categories to track them separately. Though, I suggest consulting your accountant on the best way to track your exhibit income.

 

Of course, if you have other questions, don't hesitate to visit us anytime. 

 

Need to get in touch?

Contact us