Products & Services provide details on the income categories your business is engaging and are often overlooked as a classification technique. Instead of having income accounts for each specific category, using the Products & Services features provides options not available in the chart of accounts.

Classes are a logical division of categorization that can be customized in anyway that suits your needs. Examples of classes might be Industries Served, Restricted Funds, or Seasonality.

Locations are a useful classification system for logical operating divisions. They can also be labeled as Divisions, Departments, Territories, Stores, or Properties.