Track Multiple Offices Profit and Loss Reporting
We received a Question from
"Bachittar Singh " in a forum posting
Hello,
if I have multiple retail locations and i want to be able to track sales, expenses per location and want to see total income/ loss statement. how do i setup accounts in the quickbooks so i can use one company and multiple locations. thank you for your help.
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OUR RESPONSE
First thing to do is what this video for the setups of accounts and entering transactions
Once, you have watch the Video, watch the video above for Reporting Purposes.
It all comes down to using Filters in the Quickbooks Reports Profit and Loss Statement. But first, you must setup a Chart of Account separating each office income and expenses which is part of previous video.
Need more Quickbooks Help
Why is there no more accounting 101?
Accounting 101 has been replaced with “QuickBooks Training“
Having one company with multiple locations and departments within the locations.
Do you have to set up a separate account for each location or can you use classes of the main account and still get the reports.
Yes, Class Tracking is the best option. We do have a video on that http://learnquickbooksfree.com/quickbooks-class-tracking/