Classes and Locations are not going away. But using Tags does give you an alternative option. It's great for folks on Simple Start and Essentials to use tags with out having to upgrade to Plus or Advanced.
I did edit a tag by moving it to another tag group and it kept the underlying transactions.
I see what you mean about the confusion of classes. In my case I was explaining tags (ie I teach OneNote class, etc). Setting up tags is new and I'm sure we will continue to see best uses cases for them.
I like the idea of having a new reporting skill in your toolkit when needed.
Great video! Is there a way to "tag" split transactions? I.E.- I write a single check for a subcontractor or vendor but their invoice or statement has 3(or more) customers that he has worked on or supplied materials for. When it appears on our banking/transaction page in QBO I know have to split his payment between those 3 customers. How do I "tag" each split so that I can run an accurate report? I hope there is a way!
Thanks for joining this thread and sharing your concern with us. I can see the benefits and impacts of the feature.
You can tag transactions such as invoices, expenses, and bills. However, you can’t tag general journal entries or transfers, as well as things like customers or items. That means adding a tag to split entries is unavailable at the moment.