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New Member
June 3, 2026
Question

Quickbooks

  • June 3, 2026
  • 1 reply
  • 3 views

I just joined an office that manages four apartment buildings.  They have been using QuickBooks Pro 2016 version.  Any advice on how I can maximize their efforts.

1 reply

QuickBooks Team
June 3, 2026

When managing four apartment buildings using QuickBooks Desktop, you can maximize the accounting efforts by utilizing the Class Tracking and a structured Customer: Job feature to keep financial reporting organized within your company file. This specific configuration enables your office to track property-specific income and expenses flawlessly without requiring any software upgrades.

To help you get started with Class Tracking, here's how:
 

  1. Go to the Edit menu, then select Preferences.
  2. Click Accounting, then go to the Company Preferences tab.
  3. Select the Use class tracking for transactions checkbox. You can also select the Prompt to assign classes checkbox if you want QuickBooks to remind you to assign a class to transactions.
  4. Select OK.


For more details, please see this page: Set up and use class tracking in QuickBooks Desktop.

To seamlessly track each apartment building expenses and compare them with your revenue within QBDT, you can refer to this article: Track job costs in QuickBooks Desktop.

Feel free to click the Reply button if you have other questions about QuickBooks.