We have several different business units or "Divisions" as we call them in our company.
We would like to be able to track each Divisions finances independantly and also to roll them up to the corporate level.
Can you do this in QB Basic ? Or in any of the QuickBooks versions?
thanks for any help - tmb
Pro has the option of Classes. In the Preferences look on the Accounting tab>>Company preferences. I don't know if Basic has that option. If it is there under Preferences then it is available. For each Division give them a name. Then on all transactions use the Class column to enter which Division the expense is for. Check the help file for more info.
Perhaps someday when your organization grows to around 20 or perhaps 30 divisions the CEO will place more value in the accounting software he/she uses then QB basic.
Use class tracking if it is available in Basic. Otherwise upgrade. And from your other posts I'dd suggest an upgrade to something other than Quickbooks.
HIi
Use the Class tracking option as said by Laura. As far as I know QuickBooks basic 2005 has this feature.
Victor
myQBaccountant Team Free unlimited Quickbooks Support
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