Splitting Transaction

Hello there, @Flip904.

You can utilize the Class feature to track the hours by business segment. This will help you classify easily your job costing tasks. I'll show you how to turn on class tracking and apply it to your transactions in QuickBooks Online (QBO).

Here's how:

1. Go to the Settings and select Account and Settings.
2. Click the Advanced tab, and edit the Categories section.
3. Check the box for Track classes.
4. You can also check the Warn me when a transaction isn't assigned a class if you think it would help you classify the transactions easily.
5. in the Assign class section, choose which applies to you whether you want to track One to entire transaction or One to each row in transaction.
6. Click Save and Done.

Once done, set up your class list in the Settings, then All Lists. From there, you'll see Classes. You can create a new class or sub-class. After that, you can turn on class tracking for Payroll. To learn more details about the process, you can check out this article: Get started with class tracking in QuickBooks Online.
 

Moreover, I've added a reference to help you narrow down the details you prefer when running a report: Customize reports in QuickBooks Online. It contains steps on keeping track of each cost or profitability by segment.

I'll be here if you need further assistance when tracking job costing or any questions. Send a reply to let me know. Take care and enjoy your weekend!

Do I have to have a higher account for the classes feature? I dont see the "categories" section after following the directions below. 

Thank you for the screenshot, Flip904.

Yes, you're right. Class tracking is only available in the higher plans, QBO Plus and Advanced.

Though we can assign classes to payroll transactions, please know that we can't use it down to the time entry level of a paycheck transaction. The way it works is we can assign one class to all employees or assign a class per employee.

I recommend finding a third-party app that will let you assign classes to time entries on a paycheck transaction. Not the time entries on the timesheet because those entries are still in the non-posting stage.

Feel free to reach back out if you have other questions in mind. Take care!