Should classes be used for multiple business locations?

I just bought quickbooks. I have one bank account, well ok two a checking

> and savings. The non-profit org money is located in the one account and the > total amount has been split up amongst various outlying locations from the > central store. > > I know how much of the 'pie' each of the outlying locations has been > alocated to spend and have been tracking their income & expenses in excel > and a confusing spreadsheet. > > I'd like to start quickbooks and create the one (two) bank accounts and > establish a 'class' for each of the outlying locations. > > How can I do this and have the outlying location 'classes' start out with > their allocated balance that remained at the end of the second quarter? > > Do I make the initial account balance and reflect it with split

transaction

going to each class? > > How about later on when I want to reallocated a new influx of funds amongst > all of the outlying units? > > > OK last Q. can a report be gernerated to show only the transactions for a > specific class, and another report showing the income/expense/ and balance > of all the classes together? > > > Mr. > > >
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