question archive Class tracking is used to categorize income and expense transactions from different sectors

Class tracking is used to categorize income and expense transactions from different sectors

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Class tracking is used to categorize income and expense transactions from different sectors. What are 2 options for assigning classes? (Select all that apply) Assign one class to each row in a transaction. Assign a class in Bill transactions only. Assign one class to an entire transaction. Assign a class in Sales Invoices only. Classes can only be assigned through the bank feed screen.

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Answer:

Assign one class to each row in a transaction; Assign one class to an entire transaction

Explanation: Class tracking is utilized in the categorization of income and expense transactions from different sectors. These are generally used to track departments, product lines, service lines, enterprises, properties, partners, manufacturers. The two options for assigning classes are assigning one class to each row in a transaction; and to a complete transaction