How to setup different Corp Divisions or Product Lines in QB Basic?

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

Reply to
tmb
Loading thread data ...

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.

Reply to
Laura

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.

Reply to
Allan Martin

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.

Reply to
Golden California Girls

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

formatting link

Reply to
myQBaccountant

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.