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Level 2

What should I use to bookkeeping rental property? Classes or locations?

Hello, I have multiple buildings. I like to know if I should use classes or locations for my buildings and why? I don't know the difference between classes or locations.

 

Thank you!

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Best answer 01-06-2019

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Level 15

What should I use to bookkeeping rental property? Classes or locations?

classes and location are tags for transaction so you can report on that tag

class allows you to tag each line item in a transaction

location tags the whole transaction

 

which you decided to use depends on what you want to report on

 

View solution in original post

1 Comment
Highlighted
Level 15

What should I use to bookkeeping rental property? Classes or locations?

classes and location are tags for transaction so you can report on that tag

class allows you to tag each line item in a transaction

location tags the whole transaction

 

which you decided to use depends on what you want to report on

 

View solution in original post

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