start using classes for outlying non-profit 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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