Categories
You use Categories to track and report specific transactions.
Examples of categories you can create for tracking purposes include separate departments within your company, specific services or geographical divisions. For instance, various categories could be set up to represent different divisions within an automobile dealership:
- New Car Sales
- Pre-owned Car Sales
- Service
- Parts
- Accessories
When entering a transaction, the appropriate category is assigned to it. A profit and loss statement can then be prepared for each of the categories. This is an easy way to compare each division's profitability and performance.
Turning Category Tracking On and Off
To display the Category field on all your transaction windows and assign transactions to categories, mark the preference Turn Category Tracking On under Setup > Preferences > System. This task requires single-user access to your company file. You may have to ask other users to logout so you can turn this preference on.
If you want to use categories to track information seasonally or for a particular time period, you can mark this preference at the beginning of the period so the field displays throughout AccountEdge. Then, unmark the preference when the period is over so the Category field no longer appears.
Warning: Turning off category tracking deletes all categories from your transactions, as well as their history.
More information about Categories can be found: