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Does Quicken have something analogous to Quickbooks' classes?

Does Quicken have something analogous to Quickbooks' classes? Perhaps "sub"-expense & income types?

Comments

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    You can have sub-categories for both Income and for Expense items in  Q.
    There are also TAGS, which are more similar to QB's "classes".  In fact,  "tags" were previously, in Q, called "classes".
    You can NOT, however, have sub-accounts for Asset or Liability items.
    And, BTW, you can't convert your data from QB to Q, except manually.  Q can't read a QB data file.
    SO, if you're considering this switch, I'd advise that you get Q and start setting up your Accounts and Categoires in it.  Then,  close out the year in  QB and start the new year in Quicken.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • stuso
    stuso Member
    Thank you. Especially about the tags. I used Quicken 30 years ago and could have sworn there were classes.
    Are "sub" tags possible?
  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    There's no such thing as sub-tags ... but you CAN have multiple tags on the same item.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • stuso
    stuso Member
    Thank you. That answers my questions.
  • smayer97
    smayer97 SuperUser, Mac Beta, Canada Beta ✭✭✭✭✭
    There used to be sub-classes but when Quicken replaced the classes paradigm with tags, they eliminated sub-classes. That said, you can emulate subclasses by creating 'tags' and 'tags.subtags', e.g. taxes, taxes.federal, taxes.provincial, taxes.state, etc.
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