Classes make it easy to categorize and report on different aspects of your business. The Classes App allows you to manage your classes synced from QuickBooks as well as create unique classes to assign to transactions. Classes can be created and edited in Method without having to switch to QuickBooks, because the classes you create and update are saved to QuickBooks during your next sync.
- Create custom classes pertaining to your business practices
- Assign classes to transactions in Method
- Classes are synced to QuickBooks for ease of reporting
What is a class?
A class is a way of categorizing income and expenses in QuickBooks. The way classes are assigned to transactions depends on your business, but in all cases, they are used to filter and organize transactions to make it easier to keep track of your money.
For example, a landscaping company might want to track the profitability of different types of jobs: maintenance, installation, and so on. Assigning those classes to transactions makes it easy for your accountant to generate reports based on those criteria.