Thank you for sharing your thoughts about implementing classes for your revenue and expense tracking, Deadwood. It’s great that you’re thinking ahead about this process. Let’s explore how classes can work with your bank feeds and find the best approach for your needs.
In QuickBooks Desktop (QBDT), the option to assign classes to bank transactions, including credit card charges, is unavailable. When you download bank transactions, they do not come with a class assigned to them. You can manually add the class to each entry when categorizing the transactions. I can guide you on how:
- Go to the Banking menu.
- Hover over Bank Feeds and select Bank Feeds Center.
- Choose your account.
- Tap Transaction List.
- Select the transaction you want to categorize.
- Assign a class from the drop-down arrow.
- Pick an ACTION from the drop-down arrow.
- Follow the on-screen steps to finish.
You can also create rules to help QuickBooks match your Bank Feeds transactions.
For more details about class tracking, see this link: Set up and use class tracking.
Lastly, you can reconcile your account to ensure the accuracy of your books.
Feel free to add a comment below if you have any more questions about assigning classes in QuickBooks. I want to help more.
