Allow me to step in and share some insights about the purpose of assigning a class to your accounts, cpa_chang
Classes represent meaningful parts of your company, like store departments or product lines.
You can use them to get deeper insights into your sales, expenses, or profitability for each part of your business. Hence, the target of classes is transactions, not accounts.
And, when it’s time to run reports, you have a clear picture of each segment’s financial health. Then, you can use this info to set a budget goal for each class.
You can find more information about classes through this link: Set up and use class tracking in QuickBooks Desktop.
Stay in touch with me if you have follow-up questions by commenting below. I'll be around to provide the information that you need about the class tracking feature.
