We are nonprofit and need to track our expenses as "management" or several "functional" categories for reporting on our Form 990. We use classes to track this for expenses and it works fine. We also have to track certain expenses towards grants and we accomplish this using projects.
We also need to track our executive director's (ED) wages to either "management" or "functional" (classes) and their time allocated to work paid by a grant (projects). Prior to using QBO Payroll we entered this information in QBO in by separating the ED's payroll check into the appropriate classes and projects.
Now that we are using QBO Payroll, I cannot specify classes or project to the ED's time.
Questions:
1) How can we accomplish something similar with QBO Payroll?
2) Can we assign classes or projects to payroll somehow?
3) Could I make an annual adjustment using Journal Entries?
4) Would QuickBooks Time solve this