How to setup and use Classes in QuickBooks

Is your profit and loss multiple pages, and you just can’t understand it?
Do you have multiple locations or rental properties?
Let me show you how to set up and use Classes in QuickBooks! 🎉
Setting up "classes" will make reading your profit and loss so much easier!
**You can use Classes in “Enter Bills,” “Create invoices,” “Record Deposits,” and “Write Checks”
Steps to Setting Up Classes:
➡️ Setting up a Class
Go up to “Edit”
“Preferences…”
“Accounting”
Under “Company Preferences” Tab
“Class”
Use class tracking for transactions
Prompt to assign classes
Click “OK”
➡️ Class List
Go up to “Lists”
“Class List”
Go down to “Class”
“New”
“Class Name”
Click “OK”
➡️ Profit & Loss by Class Report
Go up to “Reports”
“Company & Financial”
“Profit & Loss by Class”
Need to learn more areas of QuickBooks? Join us on our next workshop to learn how to design QuickBooks for your specific business...
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Timestamps:
0:00 - Intro
0:37 - Setup Classes in QuickBooks
2:34 - Use class in entering Bills
3:00 - Use class in Invoice
3:12 - Use class in a Record deposit
3:19 - Use class in Write Checks
3:26 - Class in Check Register
3:40 - Class List
4:34 - Reading Report
5:59 - Final Thoughts
I’d love to connect with you 👇
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[@johnmillercpainc]

Great video! I am current doing accounting for a client whose company has several locations. I needed to use the class field in Quickbooks and your video explained exactly how to it in a clear, easy to understand way. Thank you so much!

[@lmutukisna3183]

one of the best illustration of quick books by classes. yours is direct and simple , thanks

[@CandusKampfer]

Yay! Glad it helped you Lila :) If you like the way she teaches you can join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/ Elaine - Team Candus

[@deanelouisegreene585]

Thank you for this quick tutorial for setting up classes & why. I am just starting out in Real Estate Investing and I want my QB set up correctly from the start. I look forward to watching your other tutorials.

[@CandusKampfer]

Thank you for watching the video! Due to the large volume of questions and emails we receive daily, Candus isn’t able to respond to all of them any longer. If you are just starting out with QuickBooks or feeling overwhelmed and need help, register to join her next workshop here: canduskampfer.com/getting-started/ Have an amazing day! Elaine Team Candus

[@margaretjoseph5040]

Thank for explaining how to edit a class (or find a class) in your check register. I searched everywhere on how to edit this one check I classified wrong. Very helpful!

[@VickiVelez-jh8ex]

PERFECT succinct but detailed tutorial! Thank you

[@CandusKampfer]

Hi Vicki, Thanks for reaching out. I'm so happy that you enjoyed our video 🤗 If you’d like to learn more about how to optimize QuickBooks for your business, I recommend checking out our Confidence with QuickBooks program. To learn more you can attend our Customizing QuickBooks workshop. Save your seat here: CandusKampfer.com/workshop Have a great day, Samantha, Team Candus

[@lilymai8111]

Great video! This is exactly what i am looking for. Thanks so much for sharing!

[@ugochiulli6102]

I'm a newbie to classes and this video made it so easy! Thanks!

[@lmutukisna3183]

Hey Candice, great tutorial, simple and fast. Yes you explained it to look simple. Thanks

[@albertrapant2036]

Just learning how to set up and use QB's for my RE investing business. Great help tip on using classes. Looking forward to seeing other videos. Thanks Candus.

[@wendyparker416]

Such a time saver! Thank you for your easy to understand instructions.

[@CandusKampfer]

Hi Wendy, Sounds like you enjoyed this tip. If you'd like to get them straight to your inbox in the future you can join our weekly Tips & Tricks: canduskampfer.com/weeklytips Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@levilozier]

Thank you for the detailed video Candus!!!!! I watched 5 videos prior to this one and still didn't grasp it until I watched yours. Kudos!!!

[@CandusKampfer]

Hi Levi, So exciting that you understand it now! 🙌🏻 Yay! If you enjoyed this tip and would like to get them straight to your inbox in the future you can join our weekly Tips & Tricks: canduskampfer.com/weeklytips Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@jesseanaja]

Your illustration goes straight to the point, I love it.

[@CandusKampfer]

Glad the video helped you, Anaja 😊 Have an amazing day! Elaine - Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer

[@427MamaDuck]

Exactly what I needed. Thank you!

[@elbowreeflighthousesociety8250]

Thank you SO much your video was extremely helpful! God Bless You!

[@floriavu703]

This was very helpful. It's exactly what I was looking for. Thank you! :)

[@lauracalderon8120]

Thank you for sharing your knowledge with us... God Bless...

[@novicetech1]

This was so helpful. Thank you.

[@mamboemmanuel6152]

Thanks Candus, you really helped me a lot

[@frankayala3950]

So I am new at QB, I've been searching for educational vids that could help me benefit in operating property management financials, and OOOOOh dear goodness, what the heck? Oh lady you are a Genius thank you a million, i am a wiz with yardi, and started just recently with AppFolio, and now learning QB...your educational vid just blew my mind! wow....WOW...So class list is ideal for like say if you are managing 10 properties, by creating individual class lists for each Property 1,Property 2, Property 3 -10 it would benefit because I would be able to pull up PNLs for each property on its own?

[@CandusKampfer]

Hi Frank, Thank you for watching our videos and for the nice comments! 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@riya4139]

You are a pro, Candus.

[@CandusKampfer]

Thank you Sue! 😁🙌🏻 Have a great day! McKenzie Team Candus

[@danp6984]

Hello Candus I love your energy and spunkiness you're a ball of energy ,I I have what I think is a unique situation paralysis by analysis.I I have gotten myself into this situation by listening to too many people I have Quicken I used it for three years and then somebody strong suggested QuickBooks installed QuickBooks Pro 2015 on my computer did a bunch of work and then just left me to figure it out.

[@itswendell]

I know you made this video years ago, but it is extremely helpful. Thank you so much, Candus!!!

[@CandusKampfer]

Hi Wendell, Oh my gosh, thank you so much! We love hearing this. 🙏🏻 If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@dkomm001]

Very helpful!! Thank you *Thumbs up*

[@fawmemohamed3284]

Clear and simple explanation. Thank you

[@CandusKampfer]

Hi Fawme, You're welcome :) Glad it was helpful! Have an amazing day! Ednalyn -Team Candus P.S. If you would like to follow her, click the links below ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer/

[@user-ij5sy7yr3r]

You just answered all my prayers. Thank you.

[@CandusKampfer]

Oh my gosh, thank you so much! We love hearing this. 🙏🏻 If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Sam ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/

[@darisrice]

Loved this video. I need to go backwards and add classes to my transactions from the beginning of the year. What is the most painless way of doing that? (I am using PRO version of QB)

[@mariafernandasanchez6459]

Great video. thank you so much!

[@CandusKampfer]

Hi Maria, I'm so glad this helped you! If you're looking for more QuickBooks training, I'd recommend joining us on our next workshop. You can save your seat here: canduskampfer.com/workshop Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@leticiaroa2840]

Perfect!! You are the best.

[@CandusKampfer]

Yay! Glad it was helpful Leticia 🙂 If you would like to follow her, click the links below. *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer Have an amazing day! Elaine - Team Candus

[@voleaksok4514]

Thank you for the video very helpful

[@CandusKampfer]

Yay! Glad it helped you Voleak 🙂 If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Elaine Team Candus

[@Marcogarcia-to9hz]

Thank you very much

[@ehab2601]

Thanks, that was very clear and easy to implement. thanks

[@CandusKampfer]

Awesome! Glad it worked for you :) If you like the way she teaches you can join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/ Elaine - Team Candus

[@ehab2601]

Thank you for the response and thank you for the new info

[@laurencestewart3828]

Thank-you, so helpful for my rental business. My account thanks you.

[@CandusKampfer]

Awesome! Glad it worked for you! Elaine Team Candus

[@Julez_749]

Hi Candus, Great video. Quick question. I want to track cash flow per rental property (income minus expenses as well as mortgage interest+principal payments), what's the best report for this?

[@aliciahickman6623]

Hi, Thank you for the video. I just set up my classes. Since it is the new year, i would like to go back to Jan 1 and fix things i entered so they now will reflect a class. How do I go back and do this?

[@wejdiac]

Hi Candus, thank you for this great video. Can you please help me with this. I have a commerce in different locations, i am wondering if in this case i need to follow my income and expenses with location tracking or classes tracking in QBO. In other words, what is the difference between class and location tracking in QBO ?

[@user-wg4vl4on5u]

It's been 10 years since using classes, and your video was just the refresher needed. My question is in regards to starting with classes midway in the year. I have to combine 4 locations and it is October. Is it only possible to make this happen accurately if I start the new year out with classes? I know you didn't recommend it. There are alot of transactions at this time in the year.

[@nickadams2924]

Great video! Thank you so much I had to reactivate a class and I figured it out from watching!

[@CandusKampfer]

Yay! We love hearing this. I'm so glad you found this helpful If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Sam ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@RWPeninsula]

under 10 minute tutorial, packed with valuable information! This is so helpful - I just came across your video in setting up 2019 and reverse-consolidating 2018: VERY HELPFUL FOR BOTH!

[@CandusKampfer]

Yay! Glad it helped you Joseph! Elaine Team Candus

[@louietoltolvlog9699]

@@CandusKampfer I love your wonderful lectures! If owner has 3 different restaurants, can I use a class code to record expenses and income for each 3 locations? It’s all different restaurant type such as sushi, bbq and etc. Im not sure if owner has a different ein number..if different ein number, I may need to make 3 different companies in qb , right?

[@ndayizeyetheobard463]

Thank you

[@rachelp4740]

Awesome!!

[@thisisNOTlorenzo]

Hey Candus! Thanks for the great info! How would you delete a class that is no longer needed? I have two classes that are named similarly and I just want to get rid of one of them so I don't get confused in the future. Thanks again!

[@mattcopley9655]

Hello, Thanks for the information. I am currently using class for rental real estate and my home. How would I enter the value of the properties for a net worth calculation? Would I create a fixed asset class for property? With sub accounts for each different property. Duplicating my class list?? Thanks in advance. Matt

[@ambersmith6393]

This was very helpful. One question so I see the P&L by class what about a balance sheet. Looking at a church and how to report their cash balance by fund. so one checking account but it would be general, missions, youth etc. If you track by class can you see that as well?

[@donaldpalmore7658]

Great video! WIth a class, can you also show budget information? If we switch to Quickbook, we would use location as classes and each would have its own budget, so on the reports, could each class be shown individually with its budget? Also can those reports be saved, so you are not recreating each month?

[@kyerefrederick627]

Great for such a wonderful work.

[@CandusKampfer]

Thank you so much Frederick! 😀 Have an amazing day, Ednalyn ~ Team Candus P.S. We’d love to connect with you find us at ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer/

[@mayinelson]

Great video!

[@CandusKampfer]

Awesome! Glad it worked for you! Elaine Team Candus

[@75katyal]

Hi Candus How are you ? informative video. I want to ask you can you add classes to more than one invoce or badge invoices or transactions in quick books desktop 2018 pro.

[@oliverwhite30]

Thanks a million

[@CandusKampfer]

Yay! Glad it helped you Oliver! Elaine Team Candus

[@billmalcolm7840]

Hi Candus. Wonderful Video. I am doing accounting for a business that owns and leases buildings and is doing Building/Leasehold improvements. If I want to track these by project would it be best to make subaccounts under Building/Leasehold improvements or use classes to track the cost of these buildouts separately? Thanks!

[@MJCPeters]

Can I change to using classes at the beginning of a new year, or must I go back and start from scratch?

[@calex9379]

Hi Candus, Mega usefull your videos, Thousand of Thanks!! Pura vida from CR>

[@CandusKampfer]

Yay! Glad you like them Carlos 🙂 Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her, click the links below ↓ *Instagram:* instagram.com/candus.kampfer *Facebook:* facebook.com/CandusKampfer/

[@kamism2360]

Hi Pretty! I have actually posted lots of data without classes allocation. Now I have activated & created the Class titles. How can I edit the previous entries with some ease?

[@noorullahfaizi9568]

Hello Candus tnks for Great Videos

[@CandusKampfer]

You're very welcome!

[@zubairusman2544]

Great video I was trying to get quick report from list option class but few of my entries are not showing in class

[@CandusKampfer]

We're glad the video helped you, Zubair. I'll make sure your question is added to Candus' list of future Tips & Tricks ideas. If you'd like to make sure you get our weekly tips, you can join here: canduskampfer.com/weeklytips Have an amazing day🙂 Elaine Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@planningofficer3055]

Thank you....

[@CandusKampfer]

Yay! Glad it worked for you. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer Have an amazing day 🙂 Elaine - Team Candus P.S. You may register to her waiting list to be notified on her next workshop: *CandusKampfer.com/training*

[@rodwieber7325]

Super helpful video, thanks! Can you run a Balance Sheet by classes?

[@CandusKampfer]

Hi Rod, Thanks for your question, I've added it to our list. Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@stephaniebird87]

Thanks for the video! Working with a church on QBO and I have set up classes for general fund and all restricted funds. But now how do I get into all the smaller accounts for the general fund, like office supplies, postage, insurance, ect.

[@CandusKampfer]

Hi Stephanie, Thank you for watching our videos. 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop You can create the expense accounts you want in your chart of accounts. Then when you enter an expense and choose the account, you can assign it to the class you want like Candus shows in the video. I hope that helps. 😊 Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@innocentinnocent5735]

Yes Dear Candus you're a such an amazing teacher .....for sure all my appreciation goes to you. anyway what is the difference between Quick books enterprise vs premier, and how both of this differ from sage Pastel .......???

[@CandusKampfer]

Hi, I will add your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. *canduskampfer.com/tips* Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer

[@hafizshahzadalamgir6342]

how i adjust inventory and how i calculation for cost of project other than assembly. kindly refer a videos

[@nicolerivera6339]

How would you go about closing a class account to a zero balance? I have multiple classes for a nonprofit that are no longer relevant and need them to be zeroed out and archived.

[@DaughterofGod87]

Hi, how do add a class to the unclassified in mass?

[@southwestjanitorial7605]

This is great thanks!!! Can you add classes into the payroll center? to separate payroll expense by class??

[@CandusKampfer]

Yay! Glad the video helped you :) I added your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. *canduskampfer.com/tips* Have an awesome week! Elaine -Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer

[@peggiezamiaty7413]

I've watched your videos ant I've found them extremely helpful. I have a situation though, I am working with a client that is in the Funding industry. I am having a very difficult time wrapping my head around the process by which the transaction should be classified...have you ever dealt with this industry, and are the use of classes the answer?

[@CandusKampfer]

Hi Peggie, Thank you for reaching out to us. I just added your question to our list. Candus uses the questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Have an amazing day! Elaine Team Candus

[@louietoltolvlog9699]

I love your wonderful lectures! If owner has 3 different restaurants, can I use a class code to record expenses and income for each 3 locations? It’s all different restaurant type such as sushi, bbq and etc. Im not sure if owner has a different ein number..if different ein number, I may need to make 3 different companies in qb , right?

[@CandusKampfer]

Yes, you would want different companies if they have different EIN numbers. So glad you enjoyed the videos! If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have an amazing day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@louietoltolvlog9699]

@@CandusKampfer Thank you so much ❤ I just joined it. If boss has one EIN with 3 different restaurants, do I use a class to record ? They want me to record each bank account for each restaurant for payroll, all expenses and all incomes. I wish you have a lecture for restaurant.. They have pos system. Do I use a make a journal entry for daily sales record?

[@loreefoster1893]

Thank you so much for your videos! I have a question in reference to using classes. I keep the books for our church and I use classes for each department. Youth, Kids, Benevolence, etc.... I use journal entries to transfer funds from one class to another as needed but doing it this way causes it to become a deposit amount within my reports. How would I transfer funds from one class to another properly? Thank you!

[@loreefoster1893]

I haven't tried that. I will mess around with that option and see if it helps! Thanks!

[@hanydimitry9189]

Hi, rally is a great video I am using QB for property mgmt, I would like to know how to to use the job customer and the class and how that effect reports? Thanks

[@hdimitry3947]

Candus Kampfer I am managing for owner Thank you for reply

[@MJCPeters]

For rentals, is it overkill to have a class for each customer? 123 elm st may have 3 tenants over a 3 yr. period or would I stick to only the property as the class.( with mid year changeovers and evictions it's possible to have several tenants in one year). Btw - your videos are my go to for answers, thank you.

[@anettelyons5895]

you would use Jobs for each Tenant not Classes. you set up each apt as a Customer, and each tenant as a job under the Customer. For example Property 1 & 2 as classes, then Apt 1, 2 as Customers and Tenants under jobs for each customer

[@hafizshahzadalamgir6342]

i have a problem . how to manage transaction between classes. i have construction business on different location i want to record everything separate for every project. how i manage my accouts by using class. some time inventory from site shift to another. some time cash transfer from on site to another. kindly give a proper solution

[@yasergaballah3149]

Thanks so much for your video but could i get more details to set up a school for Quickbooks Please ?

[@CandusKampfer]

Hi Yaser, You can join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/ Have an amazing day! Elaine - Team Candus P.S. You can find out more at canduskampfer.com/private-sessions-with-candus/ or contact her at [e-mail]

[@lcutler57]

Has anyone set up classes with the Mac 2016? My preferences look nothing like the video

[@accessorieswireless9865]

Hello How can I do class in horizontal way

[@tiredreamer1]

Slow down a little when moving the mouse. Thank you for your videos.

[@lorih2436]

Thanks for your video! We have a medical group that we do many projects for each year. They have a main campus and several clinics which all have separate PO's and need to billed separately. Sometimes I like to know our P&L for the main campus and then for the clinics as a group. Right now I have them separated like different customers (main campus/clinics) but am thinking it may be better to have one customer with separate classes for each clinic. Can I get your thoughts? Thank you!

[@CandusKampfer]

Lori, Thank you for reaching out to us! Due to the large volume of comments and emails, we receive daily, Candus isn’t able to respond to all of them any longer. We will add your question to our future tip requests. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips Have an amazing day! Elaine Team Candus

[@ashleyclark3189]

could you put sales reps under classes? We have taken on two additional sales reps in our small business and need a way to track each persons sales. Do you have a recommendation on the best way to do this?

[@CandusKampfer]

Hi Ashley, I added your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. *canduskampfer.com/tips* Have an amazing day! Elaine -Team Candus P.S. If you need help with QuickBooks, you may join her QuickBooks workshop. Here is the link to save your seat: *CandusKampfer.com/workshop*

[@melissabebout1708]

We just activated our bank feeds but are hesitant to use the feature because we don’t want to screw anything up. What’s a good video to watch in order to use that feature properly. Did you ever do one on one sessions?

[@CandusKampfer]

Hello Melissa, We do teach how to properly use bank feeds in our Confidence with QuickBooks program. If you'd like to learn more you can save your seat for our Customizing QuickBooks training here: CandusKampfer.com/workshop Have a great day! Team Candus

[@abkitchencabinetsinc9951]

Great video thank you. How can I use classes to see my profit from different jobs? I do class for each customer?

[@CandusKampfer]

Hi, Thank you for watching the video! I've added your question to our list. Candus uses the list to create future tips and tricks. Don’t forget to join the weekly tips and tricks to be notified when questions are answered. canduskampfer.com/tips Have an amazing day! Elaine - Team Candus P.S. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/

[@CandusKampfer]

I would recommend pulling a profit and loss by job. Classes are best for different locations or rentals.

[@smallishbusiness7331]

Can I specify a class for an individual item or expense? Or is it just a transactional classification when I enter a payment, receipt, or invoice? I'm operating two DBAs under one LLC so I technically have two companies operting under one company file. Also, what if I have an expense which is for both classes? Should I not select a class for that transaction? For example, I'll be paying my internet service fees for both businesses. Is that where "Uncategorized" class comes in? Or perhaps set up a Class for the underlying company?

[@CandusKampfer]

Hi, Thank you for reaching out to us! Due to the large volume of comments and emails, we receive daily, Candus isn’t able to respond to all of them any longer. We will add your question to our future tip requests. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Have an amazing day! Elaine - Team Candus

[@Dave-tz9zx]

So one would select a class for checks and deposits only if one didn't already have bills and invoices created, right? It would be redundant? Or do you need if for all transactions regardless.

[@CandusKampfer]

Hi Dave, If you want to pull a p&l by class, all the transactions you want to see on a report need a class added. In other words, if you want to be able to pull a profit and loss from three years ago, you would need to add the detail on all those transactions. If you're interested in more QuickBooks training, I'd recommend joining us on our next workshop. You can save your seat here: canduskampfer.com/workshop Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@lazyk430]

Would I use this same setup for an HOA account? We have 50 lots and I want to make sure I set this up correctly the first time. I want the aging to show the lot numbers and I want to know how to use the same lot number when a lot is sold and has a new homeowner that it tracks per homeowner history as well. Thank in advance!

[@CandusKampfer]

Hi Lazy K, There may be other options but we would need more details. If you're setting up your QuickBooks and looking for support, I would recommend Confidence with QuickBooks because Candus does a live Q&A for specific questions. If you're not already getting our weekly tips, here's a link to join: canduskampfer.com/weeklytips Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer

[@jeffforbess6802]

Is there a way to link the class to certain vendors? For example, if you had leasehold expense to 1234 Main Street downloaded from your bank, I would like it to populate the class automatically

[@CandusKampfer]

Hi Jeff, Thanks for your question, I've added it to our list. Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@janetbaum639]

I've just signed up for QB Plus Online. I work for a nonprofit and definitely need to use the classes option to keep track of each of our grants. How do I set up a budget for each class and track the expenditures for each of those classes?

[@CandusKampfer]

Hi Janet, I will add your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips. Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/

[@danp6984]

Sorry I didn't finish my post I would like to try to use QuickBooks but I have a bunch of pay existing numbers and totals and I cannot figure out how to start fresh the way that you said by putting in the bank statement on existing accounts what do I do with that number it is kind of hard to explain I have six rental properties plus household items maybe this would be something that you would like to look at personally and charge me accordingly please let me know Dan P I will look on your personal website

[@kristinfields8419]

Can you add a pyramid to the class. I have courses and they are in different years. Can I do a class 2022-Income and then have separate classes that I can put under that year. Also when making previous years inactive can I still pull a repost on inactive years?

[@CandusKampfer]

Hi Kristin, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer

[@unneannquickbooktraining3611]

Hello teacher,I would like to know how to create class in customer payment. Thanks

[@CandusKampfer]

Hi UN Neann Quick Book Training, You can check this video about setting up classes canduskampfer.com/setting-up-classes-rental-properties/ Let us know if we helped you Candus uses the list to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips Have an amazing day! Ednalyn ~ Team Candus P.S.If you would like more QB tips find Candus at ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer/

[@angelacollins1683]

How do you go back add a class to previously entered items? Is there a batch method?

[@CandusKampfer]

Hi Angela, There is a batch method for this for certain versions. I found an article for you if you'd like to learn more: quickbooks.intuit.com/learn-support/en-us/banking/i-want-to-change-the-class-on-multiple-transactions-instead-of/00/208544#:~:text=Just%20as%20a%20heads%20up%2C%20you%20can%20only,should%20get%20you%20pointed%20in%20the%20right%20direction. Have a wonderful day! Kindra Team Candus

[@mariannebachus7399]

Is there a way for an invoice to show a total balance due (if there is an old invoice still due) plus the new invoice. I cannot figure out how to do this. In 2020 Desktop. It seems like this worked just fine in 2017????? Please help

[@CandusKampfer]

Hi Marianne, Thank you for reaching out to us. I will add your question to our list. Candus uses the questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips. Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/

[@berniceperusse8401]

I would like to know why the class doesn't show on credit card payments and payments on a transaction list by account. do you have any suggestions

[@CandusKampfer]

Hi Bernice, Thank you for reaching out to us. I just added your question to our list. Candus uses the questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Have an amazing day! Elaine Team Candus

[@mediumney2]

Candus, Can you please explain when you use "class" and when you use 'job"? Thanks, Avery

[@CandusKampfer]

It has to do with what you want to see on your reports. Job are related to customers, classes are used for departments or rentals properties, multiple locations. Hope that helps!

[@eleanoryellowrobe]

Candus, how do you tie the class to a cash account. If it is revenue specific to a class, how does it show up on a balance sheet for that same class. The balance sheet related to that class shows no cash from receiving the revenue. What is the process for getting the balance sheet to show the cash position of the class and the revenue on the same class balance sheet

[@CandusKampfer]

Hi Eleanor, Typically, classes is used on the P&L. Are you trying to use it on the balance sheet? If you're needing more support in learning QuickBooks, you can find out more about our program here: confidencewithquickbooks.com/

[@accessorieswireless9865]

How to Do This way in class report Income: - Design - Landscaping - Maintains

[@bruceshelby9486]

When using classes for a check or deposit can you assign a class to the checking account for a specific class so that the Trial Balance and other financial reports will be in balance?

[@CandusKampfer]

Hi Bruce, Thanks for your question, I've added it to our list. Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@itgoesmyway]

Hi! Is it possible to assign more than one classes to each line item? For example, I want to assign to a line item, the class for customer and the class for service purchased. Thank you!

[@CandusKampfer]

You can have one class per each line. If you spent $100 dollar you can split it between accounts/expense categories and assign a class.

[@itgoesmyway]

@@CandusKampfer thanks for the reply!

[@masoncountysenioractivitie476]

Is there a way to assign a class to a list item so that it auto-populates like amounts etc?

[@CandusKampfer]

Hi Penny, Thanks for your question, I've added it to our list. Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@Julez_749]

Hi Candus, another question :-) best way to track a commercial tenant that pays TMI in addition to rent. Class tracking?

[@Julez_749]

Nope just on their tenancy aniversary date (1 time a year and it can increase or decrease).

[@Julez_749]

nope, just once a year depending if tenant paid enough through out that year or not.

[@MohammadHaiderAttakhail]

Hello, Can we use class for multiple regional locations.

[@CandusKampfer]

Hi! Mohammad, I will add your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. *canduskampfer.com/tips* Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her, click the links below. *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer

[@aaronandkarlabicknese8356]

Hi -- thank you, Candus. (1) It doesn't appear that I can set up divisions in Quickbooks Desktop Enterprise 2018. Therefore, do divisions of the company (auto sales and auto repair) need to be different companies or different classes? (2) We need to have one division of the company able to bill the other: service bills sales for work it does on a car before that car is sold. Is this possible with classes? Thanks.

[@CandusKampfer]

Hi Aaron and Karla Bicknese, Thanks for your question, I've added it to our list. Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@otabekmavlonov1349]

Hello I am from tashkent i am practising several foreign languages as well as 1 c programme for local entrpreise and i want to learnn quickbook then can i work via internet after sucessful programmers

[@CandusKampfer]

Thank you for watching the video! Due to the large volume of questions and emails we receive daily, Candus isn’t able to respond to all of them any longer. If you are just starting out with QuickBooks or feeling overwhelmed and need help, register to join her next workshop here: canduskampfer.com/getting-started/ Have an amazing day! Elaine Team Candus

[@phorsdalove]

hello I have one question to ask you. I have recorded Inventory Asset in class A and I have closed entry ready but next month I find that I have record in wrong class it not in class A but it in class B, so how can i charge it??

[@CandusKampfer]

Phorsda love, Thank you for reaching out to us! Due to the large volume of comments and emails, we receive daily, Candus isn’t able to respond to all of them any longer. We will add your question to our future tip requests. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips Have an amazing day! Elaine Team Candus

[@jl5312]

Go to the transaction then change the class assignment.

[@candiceabeln4300]

Why don't you want to start classes in the middle of the year? Also, once you start classes can you only assign classes to certain things? or do you have to use it for everything?

[@CandusKampfer]

Hi Candice, Thanks for your question, I've added it to our list Once a month, Candus picks the top 10 questions and answers them Live on her FB page. If you haven't subscribed to Candus's Tips & Tricks yet, here is the link to join: canduskampfer.com/tips we'll send a reminder for her next Live top 10 answers. If you would like to follow her on Facebook click here: facebook.com/CandusKampfer/ Thank you for being part of Candus' community! Elaine - Team Candus P.S. If you need help with QuickBooks, join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/

[@mahmoudmohamed-xd5ls]

This classes used for chart accounts oŕ company divisions ? Or what

[@CandusKampfer]

Hi, Thank you for your question, I've added it to our list. Candus uses the list to create future tips and trick. If you like the way she teaches you can join her Getting Started with QuickBooks workshop, here is the link to save your seat: canduskampfer.com/getting-started/ Thank you for being part of Candus' community! Elaine - Team Candus