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