Enter a weekly timesheet

Create Employees > Create “+” sign at the top middle of the QBO homepage screen, in between magnifying glass and clock icon > Employees > Weekly Timesheet You will need a Plus plan for this activity. Enter a weekly timesheet Choose a name from the list. An employee or a Vendor name for Independent Contractor. […]

Can I add Class after reconciling without messing up bank reconciliation

Yes, you can add Class or changes after reconciling the transactions. As long as the change doesn’t include the date and amount of the reconciled transaction. There is no need to undo bank reconciliation to add Class in QBO.

#QuickBooks #QBO – How to assign employees to classes

First, you need a PLUS plan to have class tracking features. To turn on the class tracking: From the home page screen At the right upper corner, click the company gear icon. Select Company Settings under Settings. Under Company, click anywhere on Categories. Select Track classes. Select Warn me when a transaction isn’t assigned a […]

Track Classes in QuickBooks Online

Class Tracking Class tracking is available in Plus plan only. Adds a Class field on forms so you can use to categorize your accounting transactions to different product lines.   First, to enable Class Category feature on: from the home page screen > company gear (upper right corner) > settings > company settings > company […]

How do I apply a Class or a Location Tracking to a Bank Transfer transaction? I need to run Balance Sheet by Class/Location.

When you do a transfer transaction using Bank Transfer Form (Create + sign > Other > Transfer), transferring funds from one account to another, you do not see a field where you can apply a class and a division on the transaction. This may be very critical data to run reports. If this information is […]

How can I reclassify old transactions posted to locations? How can I do this fast?

There is no quick way to select all transactions and “Reclassify” “Location” at this time. You will need to open each transaction and reclassify it one by one. If you have QuickBooks Online Accountant version, you can reclassify (accountant tool > upper left corner, little email icon) certain selected transactions and change CLASS in batch, […]

In QB Online Plus can you run a trial balance by class?

Currently, there is no standard built-in Trial Balance by Class Report in QuickBooks Online. There is no way to customize from existing Trial Balance report. You can run the Balance Sheet by Class (less Net Income line) and Profit and Loss by Class. Export it to Excel and merge it together. That combined adjusted numbers […]