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Mrjan
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
Malcolm Ziman
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 2
Malcolm Ziman
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

Mrjan
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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