Should I use classes, locations or tags to split income and costs by different teams in a football club?

Hi there, @claireclfinance. We'll share details about how class and location work inside QuickBooks Online (QBO).

The Class and Location tracking feature is a great way to manage income, expenses, or profitability by business segment. If you manage more than one business or team, this feature tracks every transaction seamlessly and gets them to flow when you run a report inside QBO. If you wish to try this feature, we'll gladly write down the steps below:

1. Go to Settings ⚙ and select Account and Settings.
2. Select Company, then select the Categories section to edit.
3. Tick Track classes.
4. Tick Warn me when a transaction isn't assigned a class. This is optional, but it means that when you look at reports, you know everything's been classified.
5. Under Assign classes, select One to entire transaction or One to each row in transaction.
6. Select Save, then Done.

See this page for more details: Turn on class tracking in QuickBooks Online.

Regarding the invoice purchases that need to split across different teams, know there's an option to set One to each row in transaction inside the program. It allows you to have a class field in each line item whenever you create an invoice. For more details, please see this page: Get started with class tracking in QuickBooks Online.

On the other hand, here are some articles to help you add more details to your report and keep your current settings for future use:

• Customise reports in QuickBooks Online.
• Memorise reports in QuickBooks Online.

Thanks for dropping by here, @claireclfinance. We're open 24/7 if you need assistance managing classes inside QuickBooks. Don't hesitate to comment below so we can get back to you right away. Have a good one.