class tracking in qbo
Class tracking in QuickBooks Online (QBO) is a feature that allows businesses to categorize and track their financial transactions based on specific segments, such as departments, locations, or projects. By assigning classes to transactions, businesses can generate detailed reports that provide insights into the financial performance of each segment. This feature helps with expense tracking, revenue categorization, and profitability analysis, especially for businesses with multiple divisions, locations, or service lines. Class tracking in QBO is a powerful tool for businesses to gain better visibility and make data-driven decisions.