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How do I re-class in QuickBooks desktop 2020 without accountant tools?
Hello there,
We have some accounts that will need to re-classed on a period basis according to a certain allocation to each class. For example, tools and small equipment will be purchased and used by most of our classes/divisions. Instead of guessing on a weekly/monthly basis who will be using what for the time period, we would like to re-class at one time based upon our external tracking of usage for the time period. Also, we do not want to have a set percentage of allocation for our classes, we want to me more accurate and track usage. Also, it would be cumbersome to enter one bill and have 5 line items just to class it appropriately.
From what I have read so far in the community, you must have the accountant tools to re-classify in batches? Can this be achieved through journal entries in the desktop version without accountant tools? Sidebar, are the accountant tools and add-on that can be purchased or is it an actual version of QB?
I appreciate any help. Thanks, Michelle
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