The Class feature is one of the smallest utilized of all of QuickBooks features. The Class feature is used in any number of ways to keep track of transactions, purchases or sales through assigning another identifying designation to the transaction. Some businesses use classes to recognize the location of the transaction if it has more than one location. Others use classes to recognize the area of business in which the transaction occurs. For instance, a restaurant/catering company might want to assign classes to designate the income created by the restaurant and by the catering separately so that a profit and loss statement can be created for each section of its business.
QuickBooks is a efficiency tool designed to assistance you manage financial information more easily. This software benefits in accounting, bookkeeping and managing your income and expenses. QuickBooks can be accessed directly on your desktop or online, depending on the kind of account that you want.
