Classes - Enterprise Desktop

Yes, you are right that you need to create a new class to track the new BU in your CRM to fully organize your expenses and revenue transactions in QuickBooks Enterprise Desktop (QBED), @Jxprevette. This will help you track expenses and revenue more effectively. Allow me to discuss this further below

To begin with, assigning a class for expenses in QuickBooks Desktop (QBED) enables you to track and manage costs for each individual line item. In contrast, when handling revenue, you can assign a class to the entire transaction. This approach categorizes the total revenue amount under a single class, making it simpler to track income across various segments of your business.

Here's how to create your new class:

1. Navigate to the List menu.
2. Select Class List and click Class.
3. Choose the New button and enter the class name.
4. Once done, hit OK.
   

Additionally, you can visit this article to explore more on how class tracking works in QBE: Set up and use class tracking in QuickBooks Desktop.

Furthermore, you can refer to this article for guidance on categorizing your subclass data: Filter, sort or total reports by Class. It explains how to use classes and subclasses to categorize data, such as properties, business units, or types of expenditures.

Drop a comment below if you have any more questions on how to manage classes in QBED or any other QuickBooks inquiries you want to tackle. I'll keep my notifications on and be ready to guide you through every step of the process. Have a pleasant day!