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japplebaum
September 28, 2020
Question

Timesheets and Classes in QBO

  • September 28, 2020
  • 1 reply
  • 0 views

I entered timesheets with hours going to specific classes (we use classes for our project tracking...used to be Desktop user, recently migrated to QBO). When we ran payroll, the time did not get charged to those classes and was not represented on the class P & L. Help!

1 reply

C
Catherine_B
September 29, 2020

Hi there, japplebaum.

 

The assigned classes on the timesheet are allocated for the customer or vendor transactions. Once you create transactions for the billable hours, that's the time it'll be charged to those classes and be posted in your Profit and Loss report. 

 

You also have the option to assign default classes to your employees. You can follow these steps to do that: 

  1. Click on the Gear icon and select Payroll Settings.
  2. Go to Accounting and in the Classes section, select I use different classes for different employees.
  3. Click on OK.
  4. In the Preferences > Employee Classes section, assign a class for each employee. 
  5. Click OK.

You can check out these references for more details:

I'm just around if you need more help. You take care and have a great day!

J
japplebaumAuthor
September 29, 2020

We don't have classes set up for employees.  Our employees work on different projects throughout the day.  Cannot assign them to one class.

M
MadelynC
September 29, 2020

Thanks for sharing additional information, @japplebaum.


The timesheet feature in QuickBooks Online is for billable tracking only. As mentioned by my colleague above, it’ll only get charged once you create transactions for billable. This lets you get clearer insights on your sales and expenses by business segment.

 

If you want to reflect the charge for those classes when you run payroll in QuickBooks, you'll want to assign a class to your employees. The Class for wages is selected under your Payroll Settings, by payroll item and setting different classes for each employee.


You might want to check this reference about the use of classes in QBO. It includes related articles that tackle budgeting and running reports.


Please let us know if you have other concerns, we’ll be here to lend a hand. Keep safe. 
 

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