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Level 4

Implementing classes to an existing organization in QBO

 I want to implement "class" functionality  for a nonprofit. This will change their chart of accounts significantly as they no long need to do everything with GL accounts. For example: They have a set of accounts for each of 5 programs now.  This will all be handled with a sub class for each program rolling up to the class "Programs". 
 
If I were using desktop, I would just save the current file up to end of year and create a new company file (transferring customers, vendors, etc) then input the ending balances and start fresh with the new GL.  If I needed history, I would just load the old file. 
 
They can only have one file in QBO so this option is not open to me. Any suggestions?  Thanks 
 
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Best answer 11-17-2018

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Highlighted
Level 10

Implementing classes to an existing organization in QBO

I don't see a need to start a new file. You can disable unused accounts, so they won't show in the COA, but will still show if you run historical reports

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2 Comments
Highlighted
Level 10

Implementing classes to an existing organization in QBO

I don't see a need to start a new file. You can disable unused accounts, so they won't show in the COA, but will still show if you run historical reports

View solution in original post

Highlighted
Level 4

Implementing classes to an existing organization in QBO

I agree. I think that may be the best solution too. 

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