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How to turn on class feature in Quickbooks Pro 2011

In Quickbooks Classes are used to categorize income and expenses by class. Examples of class would be department, apartment building name (if you manage buildings).

For example you buy some paper for the training department. You then create a class called Training and when you make payments for the paper you will use Training for the class column in the transaction.When you create a Profit and Loss by Class report you will see income and expenses divided into different classes (in this case department).

To use class you must turn the Class feature on in Quickbooks.

To turn on the class feature in quickbooks:

  1. Click Edit menu then click Preferences.
  2. Scroll to 'Accounting' icon on the left side, click on Company Preference tab.
  3. Click on the ‘Use class tracking’ option.
  4. Click OK.

 

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