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Click the "Edit" menu and choose "Preferences." Select the "Accounting" preferences sub-category in this menu to access class tracking options. Load the main page of the QuickBooks application.
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Greater control over expense categorization is the primary benefit of class tracking, which makes sorting expenses easier. QuickBooks offers a user-friendly method for setting up class tracking, allowing you to get up and running quickly.
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Want to go beyond standard account-based tracking in QuickBooks? Expanding into class tracking provides you with a customizable way to track specific expenses, categorize shared expenses across multiple accounts and handle the accounting for one-off and occasional expenses that aren't necessarily associated with a particular account type.
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