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The Classes & Subclasses feature allows you to organize transactions beyond standard categorization by grouping them under projects, locations, revenue streams, or clients.
Classes act as custom labels for transactions, helping you categorize income and expenses beyond standard account categories.
For example, a marketing agency might categorize an expense as "Advertising", but with Classes, they can assign it to a specific client, such as "Sherman Account – Social Media Campaign."
Similarly, a business with multiple locations might categorize rent under "Rent" while assigning a class like "New York Office – Main Headquarters." This helps track financial performance across different areas of your business and provides more detailed reporting insights.
Classes create a top-level category, while Subclasses provide a more detailed breakdown within that category.