Classes

rnc22 · ‎October 18, 2020

I've setup classes, but they aren't quite working the way I want them to. I have 3 types of income, and the goal is to ensure that the income is sufficient to cover the associated costs. For a couple of classes, their expenses would be split between their class and a second class. Here's my question:

How do I set it up so that it cleanly shows me on the P&L by Class report?

Can I setup an invoice with multiple classes without that being visible to the invoice recipient? It should be a back end thing, not something that's obvious to the invoice recipient.

Thanks in advance for your help!

Rubielyn_J · ‎October 18, 2020

I'll be happy to help set up your class categorization in QuickBooks Online, @rnc22.

When creating an invoice, you can enter the product separately in each class categorization. This way, you can track your transaction and have a clear picture of each segment’s financial health in your report.

Here's how:

Go to the + New button.
Select Invoice under Customers.
Add the details of the transaction.
Assign a class in the Class column .
Once done, click Save.

I've also added these articles that can guide you more with managing classes in QuickBooks Online:

Don't hesitate to drop a comment below if you need more help with managing classes. Keep safe and healthy.

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