Difference between revisions of "Transaction Classes"

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For example, if you charge for multiple events, you might create a Business Expo, an Annual Dinner, and a Golf Classic class for tracking income and expenses by event. At the end of an accounting period, you could view separate information for each event in the appropriate report download.
 
For example, if you charge for multiple events, you might create a Business Expo, an Annual Dinner, and a Golf Classic class for tracking income and expenses by event. At the end of an accounting period, you could view separate information for each event in the appropriate report download.
  
Administrators create desired transaction classes by selecting Setup->Transaction Classes. The classes you create are available to assign to your transaction when creating invoices, sales receipts, credits, write-offs and invoice discounts.
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Administrators create desired transaction classes by selecting '''Setup''' > '''Transaction Classes'''. The classes you create are available to assign to your transaction when creating invoices, sales receipts, credits, write-offs and invoice discounts.
  
 
Select Integrated Billing reports will include break-out by transaction class in the .CSV download file including
 
Select Integrated Billing reports will include break-out by transaction class in the .CSV download file including
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These classes are also compatible with QuickBooks classes if choosing to export Integrated Billing and then import into QuickBooks.
 
These classes are also compatible with QuickBooks classes if choosing to export Integrated Billing and then import into QuickBooks.
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[[Category: Billing]]

Latest revision as of 13:49, 4 September 2015

Transaction classes give you a way to classify your transactions. You can use classes to classify your income and expenses by department, location, event, or any other meaningful breakdown of the business you do.

For example, if you charge for multiple events, you might create a Business Expo, an Annual Dinner, and a Golf Classic class for tracking income and expenses by event. At the end of an accounting period, you could view separate information for each event in the appropriate report download.

Administrators create desired transaction classes by selecting Setup > Transaction Classes. The classes you create are available to assign to your transaction when creating invoices, sales receipts, credits, write-offs and invoice discounts.

Select Integrated Billing reports will include break-out by transaction class in the .CSV download file including

  • Receivable reports (Accounts Receivable Aging Detail, Open Invoices, Collections Report)
  • Sales report (Sales By Item detail), and
  • Transaction reports (Member Transaction Summary, Invoice Summary, Sales Receipt Summary, Credit Memo Summary, Write-off Summary)

These classes are also compatible with QuickBooks classes if choosing to export Integrated Billing and then import into QuickBooks.