Created with Sketch.Learn about PPP and Loan Forgiveness, stay informed with the latest changes.
Created with Sketch.Need help with 1099's or other Year End topics? Visit our Year End Resources page.
Created with Sketch.New to QuickBooks or using a new product? Visit our Get Started resource page to help you get going.
Created with Sketch.Need to make changes to your account? Visit the Account Manager Portal.
cancel
Showing results for 
Search instead for 
Did you mean: 
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 
 
Solved
Best answer November 17, 2018

Best Answers
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

2 Comments
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

Level 4

Implementing classes to an existing organization in QBO

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

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us