QuickBooks Classes vs. Locations vs. Tags

This episode discusses various reporting dimensions in QuickBooks Online, including tags, locations, classes, customer projects, and custom fields. Hector and Alicia, explain how each dimension works, their limitations, and when to use them for different business scenarios. They highlight the differences between QuickBooks Online versions (Simple Start, Essentials, Plus, and Advanced) in terms of available features and limitations. The episode concludes with a discussion on the need for improved reporting capabilities in QuickBooks Online Advanced and mentions some third-party apps that can enhance reporting functionality.SponsorsMelio - https://uqb.promo/melio RightRev- https://uqb.promo/rightrevGenwise -  https://uqb.promo/genwise(00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (05:12) - Understanding Tags in QuickBooks Online (12:23) - Challenges with Tags for Accountants (20:12) - Exploring Locations in QuickBooks Online (27:49) - Using Classes for Detailed Reporting (33:46) - Understanding Location Behavior in Invoices (35:25) - Default Classes for Products and Services (36:26) - Managing Customers and Projects (46:58) - The Power of Custom Fields in QuickBooks (51:19) - Advanced Custom Fields in QuickBooks Online (53:49) - Upcoming Features and Final Thoughts Send your Questions/Comments (we could read/answer them on air) [email protected]/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.comQuickBooks Tricky Situations: http://royl.ws/QBOtricksNext-Level Accounting: http://royl.ws/NextLevelAccountingCheck out Alicia’s step-by-step QBO Textbooks at http://www.questivaconsultants.comSign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboardingDownload the Earmark CPE AppApple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app