This question still hasn't been answered properly.  I have both class tracking and location/division turned on in my settings.  I have deposits and bills that need to be split between locations/divisions, NOT split between classes.  From what I'm seeing, this isn't possible in QBO.

So, for example, when I pay my company's medical insurance bill, there seems to be no way for me to split it between two locations.  Please correct me if I missed the feature somewhere...but I can't find it.