A class is a way of grouping your company transactions so that you can focus and analyze your data. For example, you can use classes to group transactions so they appear together on reports. Compared to subaccounts, which you can use to track accounts within a parent account, you can use classes to track a specific identifier across all account transactions. For example, if you create a class named Seattle, you could run a Profit and Loss report to view information about just the Seattle division.

To differentiate transactions by class, on the Company menu, click Preferences. In the Preferences dialog box, on the Company tab, select the Use classes check box. A Class column will appear on customer and vendor forms.