Yes, you can modify your classes and sub-classes in QuickBooks Online, astevens32.
To start, we'll have to remove the sub-classes to make them the parent classes. Here's how:
- Go to the Gear icon and then select All list.
- Choose Classes.
- Locate Location 1, then click the drop-down menu under Action.
- Click Edit.
- Uncheck the checkbox Is sub-class.
- Select Save.
- Perform the steps to the other sub-class.
Once done, we can now make the Events, Languages, and Admin as sub-classes.
- From the Classes page, locate Events.
- Click on the drop-down arrow under Action.
- Select Edit.
- Place a checkmark in the box beside Is sub-class, then select the parent class in the drop-down list.
- Chose Save.
- Repeat the process to the other new sub-classes.
As for your second question, the modification won't affect the prior year's class tracking reports. Once done editing, the changes will automatically update in the existing transactions.
To learn how to add, delete, or restore a class in QuickBooks Online, I suggest browsing this article: Create and Manage Classes.
Additionally, I've added an article that'll help organize your customer and vendor transactions by class. This is to ensure your data is accurate: Track your Transactions by Class.
Get in touch with us if you need further assistance in managing your classes. Doing so helps us provide the accurate assistance you need.