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October 2, 2022
Question

Why am I seeing NOT SPECIFIED figures in my class Balance sheet when the transactions and have classes attached to them?

  • October 2, 2022
  • 1 reply
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Especially with received payments which shows no area to select class

1 reply

October 2, 2022

Hi there, @gctaylor.

 

Let me share insights on how the Balance Sheet reports transactions in QuickBooks Online (QBO). 

 

This report is a financial statement that shows a company's assets, liabilities, and shareholder equity. It provides a snapshot of a company's finances on what you own, owe, and invested. That's why class aren't showing on this report. 

 

I'd recommend running the Profit and Loss by Class report instead. This reports your income, expenses, and net income (profit or loss) by class. This includes transactions that aren't attached to classes (not specified). Here's how:

 

  1. Go to Reports and look for the Profit and Loss by Class report.
  2. Click the report to open, then filter its report period and display columns.
  3. Select Run report.

 

Moreover, you can customise reports in QuickBooks to get the details that matters the most to you. 

Please leave a comment if you have any other questions or concerns about class reports. I'm always here to answer them. Have a great day!