Quickbooks Online Advanced - Advanced Categorization|2023 LATEST UPDATE|GUARANTEED SUCCESS

Most Common Categorization Options Chart of Accounts & Sub Accounts Products & Services Lists How many Hierarchial Levels of Accounts can you have? 5 including Parent Advanced Categorization Locations Product Lines Business Units (Adds Columns on P&L) Which Version allows advanced Categorization? What are the limits? Plus allows 40 How many accounts can you have before you have to upgrade to Advanced 250 How do you assess usage? Gear Icon Accounts and Settings Usage Tab Class Tracking Effects Targets not Sources What are Source Accounts are always? Bank Undeposited Funds A/R A/P Credit Card Accounts How many sources are there per Transaction? one Source of a Transaction is? Summary Information about the Transaction Reference Number Name Memo Account Location Job Total Amount Target of a Transaction is? Information about how the transaction is distributed There is only one source but there can be several targets How do the Source and Target look in a Transaction Journal? Source first Then Target Do Journal Entries have a Source and a Target? No every line is a target line Class Tracking is Categorizes income and expenses from different sectors They can use classes and sub classes How many class levels can you have? 5 hierarchial lncluding Top level Subclasses can have only 1 parent How to set up classes? Accounts and settings Advanced Classes effect Only Target Lines not source Why won't a balance sheet by class balance? Because classes only effect Target accounts Can you use Locations & Classes at the same time? Yes How many locations can be assigned to a transaction? one In what version can you use location tracking? Plus Can you specify Sub Locations? Five Levels including the parent How do you switch on sub locations? Accounts and Setting Advanced Settings Categories Select Locati