Categories and classes
The categories your transactions are filed under, adding your own, and classes for departments or locations.
Your categories
Every business starts with the standard categories for its tax form: a regular business (Schedule C) or rentals (Schedule E). You only see the ones for your form. They are on Accounts & Categories, under Income and expense categories.
Add a custom category
- On Accounts & Categories, choose Edit, then Add.
- Choose Revenue category or Expense category, and name it.
- Auto-Pilot and Co-Pilot
- Up to 4 custom revenue and 4 custom expense categories.
- Command
- No limit.
In Edit, a custom category can be renamed, turned off, or deleted (a category with transactions is turned off, not deleted). A standard category can be turned off. Show turned off brings them back.
On Command
- Sub-accounts: split a category into parts (Add sub-account), with the category showing their total.
- Account numbers: Edit numbers, or Suggest numbers.
- Import from QuickBooks: bring in your chart of accounts from a QuickBooks Account List export.
Classes
On Command, classes are your own labels for a department, location or line of business. Each transaction can carry one. A class moves no money and changes no category.
- Add, rename, reorder or turn off classes in the Classes section of Accounts & Categories.
- Give a transaction a class when you edit it, for many at once with bulk edit, or with a rule.
- On a computer, the income statement can be viewed By class, or filtered to one class.
On your phone
The iPhone app shows your categories. Adding or changing them, and classes, are on the web.