Thank you for chiming in Angelyn. As you can imagine, filtering the report by the individual class, printing the individual report and then doing it over again for 75 classes is impractical. I started out by asking how to do this in "one simple easy step". I'm getting the feeling that my only option is the one suggested by Garlyn to choose the prepared report Profit and Loss by Class or Balance Sheet by Class, export to excel, manually put the page breaks in and then print the individual reports. Not as "simple" as I would have hoped.
Filtering the BS Report by class and printing them one at a time (x75) is impractical for the same reasons explained above for doing it this way for P&L by Class.
Maybe someday QB will add functionality to better accommodate for distribution of Financial Statements.