QuickBooks
Class Tracking
A QuickBooks feature that lets you tag transactions with a 'class' to track performance by department, location, or business line.
Definition
Class tracking is the difference between knowing your business made $X profit and knowing which part of your business made $X. Properly set up, it lets you run a P&L by location, by product line, by service offering — without restructuring your chart of accounts.
When It Matters
If you run multiple business lines, locations, or service offerings inside a single legal entity.
Common Questions
What's the difference between classes and locations?
Both are tracking dimensions in QuickBooks. Most setups use one for the primary cut (e.g. location) and the other for a secondary cut (e.g. business line), allowing reporting on either or both.