I understand how to run a P&L by class. What I am trying to find out how to do is run a P&L but only separate out one class. For example, if my classes are A,B,C,D,E,F, I want one column of the P&L to include classes A,B,C,E,F, another column for D and a third column that is a total column. Any advise?
Thank you. I thought that was the case but it doesn't hurt to ask.
Maybe you can help me with one other issue. I realized recently that some of my inventory items are assigned to the wrong inventory and COGS Account. I would like to change the accounts but I do not want to change the historic data. Besides creating new items, is there a way I can edit the item with an effect date?
You can change the accounts on the item and not update existing transactions. There's no option, though, to update part of the existing transactions, such as recent transactions.
Thank you for your response. When I attempt to change the accounts on the item, the Quickbooks' message pops up that states, "This modification will affect transactions from closed periods and could also affect previous financial reports." I do not want to affect past transactions. I only want to make the change affective this month.
That message should appear if you choose to change the accounts. Maybe it's coming up first, but your change should only change the transactions if you indicate you want it to. At least, that's what happened when I tried it.
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