Hello All, I hope everyone had a great Thanksgiving. I am racking my brain trying to find a solution for my problem so I'm hoping someone(s) can help! I am currently using desktop pro to manage my rental property business. I have classes activated already. I am trying to use the class feature and the customer:job feature to achieve 3 separate actions simultaneously, but I am having no luck. If I can get some help/ideas/strategies on how to achieve the following or explanation on using these features correctly, that'd be awesome:
Ultimately, I want to be able to run a report or reports that show me all of the activity involved with an event, under the property and the department if possible. Ex: For the Purchase of 123 Main St (the event) for $75,000, Closing costs for $5,000, Down Payment for $5,000. Total "Main St Purchase" event = $85,000. I have been putting the $85,000 costs under "123 Main St -- Main St Purchase" class tag (the event), and on the flip side, I've been putting the $85,000 loan amount under "Accounting/Finance Dept" class tag (the department). It has taken a bit of work and some thinking ahead, along with constant report checking to ensure the debits and credits end up where I want them, but the problem I'm having is that the entries are not consistent. For instance, the Main St Purchase account will have debits and credits that don't follow the same guidelines as other accounts with debits and credits - in other words, the rules for determining debits and credits can change within an account, and from account to account, items that are debiting one account, are crediting another so the rules for applying the transaction can vary. I assume because I am trying to work around QB in a way it wasn't designed but I' don't know. Again, below are the 3 simultaneous activities I am trying to accomplish:
1) Track my 4 units as separate departments
EX: 123 Main St - Unit 110, Unit 120, Unit 130, Unit 140
2) Track the LLC's operations departments as as separate departments:
EX: Acct/Finance Dept, HR Dept., Building/Maintenance Dept. etc.
3) Track specific projects/events under either the property or a department
EX: 123 main st. purchase, Unit 120 2020 renovation, 2020 scouting trip, etc.
