what is class tracking in quickbooks online
Class tracking in QuickBooks Online is a feature that allows businesses to categorize and track financial transactions by different segments, such as departments, locations, projects, or products. By setting up "classes" in QuickBooks, users can assign specific transactions (like sales, expenses, or invoices) to a particular class, helping businesses track their financial performance in different areas. This feature is especially useful for businesses that have multiple revenue streams or operate in multiple locations, as it provides insights into which segments are most profitable and where improvements can be made.