In QuickBooks Online, categories are used to classify products and services (usually represented by items) your company sells to customers. Method's Items App now allows you to create and edit categories that sync with your QuickBooks Online account.
This feature is available in QuickBooks Online only.
For more information on using Item Categories within QuickBooks Online, please refer to their help center article "Introduction to Categories in Products and Services."
Why is this helpful?
Using categories can be useful in a variety of ways:
- accounting for inventory
- top-down picture of sales volume
- identifying customer preferences
Categories can also be used to streamline your transactions, since you can search and group items by category.