Reasssing a class to a different subclass

Hello, MMcM.

Yes, you may do it by changing the sub-class assignment. Changes, however, only apply to transactions that take place in the future. You'll have to open and edit to reassign the class to a transaction.

Here's how:

1. Go to the Lists menu.
2. Select Class List.
3. Edit the class that you want to reassign to a different sub-class.
4. Once done, hit OK.

After that, you can run reports that have been filtered and sorted by class. Then, you can open each transaction to reassign a class.

QuickBooks allows you to run reports if you need assistance checking your sales figures and other financial details. To help you get familiar with the reports, I'll include the following article: Understand reports.

Please post a detailed response if you have other questions or concerns in QuickBooks. I'll get back to you to help you.

Thanks for the reply.  A follow-up.

If I re-point a class to a different sub-class, where will the old transaction appear when I run a by-class P&L?  Or would the class appear twice, in one place with its old transactions and in its new place with the transactions after the change?

I am not deleting or even changing the name of the class, just changing its assignment in the report hierarchy.

It would be very difficult to edit every single transaction in the past.  So that's not really an option.

Thanks

Let me point out some details about assigning sub-class to a class, MMcM.

When I tried assigning a class to a different sub-class, it appears that the information is appearing on the column twice. The first part includes the current information which has the class at the same time as the sub-class below. While the second column is only displaying the sub-class with the same information as the first column. I've highlighted the columns in yellow for your reference:

Since you're unable to determine the past transaction. You'll want to drill down your current Profit & Loss report as the basis of editing any changes that you'll have to make. You'll just have to click the Totals first so you'll be routed to a specific transaction where you'll have to do the changes. 

This is the transaction:

Moreover, QuickBooks provides a variety of reports that caters to your business needs. You'll just have to customize them to get the information you need. For more information on how you'll have to do this, I've added this article for your guide: Customize Reports In QuickBooks Desktop.

Keep in touch if you have any concerns with classes. I'll always be right here to help.