A.4.2b Reallocating Expenses Using Classes
- 35 steps
Start in the Sample company.
1
To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.
Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
Now let's get started with the exercise.
First, you’ll first need to turn on class tracking.
2
Click the gear icon, then select "Account and settings".
3
Click the "Advanced" tab.
4
Click anywhere in the Categories section, then click the toggle next to "Track classes" (this will turn green, indicating it has been turned on).
Ensure the dropdown says "One to each row in transaction" before saving (this should already be selected).
5
Click "Save".
6
Click "Done".
Next, you’ll need to set up the classes.
7
Click the gear icon, then select "All lists".
8
Click "Classes".
Now, set up three classes: Residential, Commercial, and To Be Allocated.
9
Click "New".
10
In the Name field, type "Residential", then click "Save".
*Note: do not check the box next to Is sub-class.*
11
Click "New".
12
In the Name field, type "Commercial", then click "Save".
*Note: do not check the box next to Is sub-class.*
13
Click "New".
14
In the Name field, type "To Be Allocated", then click "Save".
*Note: do not check the box next to Is sub-class.*
