Did you know that Quickbooks allows you to track different areas of revenue and expense in your company by department (called “classes”)?
You can track the income and expenses of different departments or locations within your company separately by using classes.
In order to do this, you must turn class tracking on:
• From the File menu, choose Preferences. (In versions prior to 8.0, just choose Preferences from the menu bar, select Transactions and skip step 2.)
• Select Accounting in the scroll box.
• Select the "Use class tracking" checkbox.
• Click OK.
To create a list of classes:
• From the Lists menu, choose Classes
• In the Class List window, choose New from the Class menu button.
• Enter the class name in the Class Name field.
• (Optional) If this is a subclass of another class, select the "Subclass of" checkbox and choose the higher-level, or parent, class from the drop-down list.
• Click Next to enter another new class, or click OK to close the window.
