In this video, I give you a brief demonstration of classes and locations in QuickBooks Online.

You'll see examples of classes and locations on an invoice and as an expense and what they look like on the Profit and Loss by Class and Profit and Loss by Location reports.

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Timestamps
00:00 - Intro
00:20 - Turn on Classes & Locations
01:03 - Location and classes on an invoice
01:57 - Difference between class and location
02:28 - Location and classes on an expense
03:16 - Profit and Loss By Class report
03:40 - Profit and Loss By Location report
04:00 - How to use this for your business
07:20 - Outro

#quickbooksonline #bookkeeping

This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Gentle Frog, LLC does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Gentle Frog, LLC does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

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