ProfitSee Enterprise allows users to manage company files with multiple profit centers or classes. Simply sync in your company file as below, selecting the ProfitSee Enterprise license type:
For Quickbooks Online, click here
For Xero, click here
In QuickBooks, if you are booking AR/AP as “unclassified” they appear only in the parent company. If you have expenses, they should actually be distributed across your branches/divisions, which are called ProfitCenters in ProfitSee. ProfitSee tries to do this “burden allocation” intelligently based on the number of employees your branches/divisions have. In the data providers (QBO, Xero), the number of employees needs to be entered manually. Therefore a “Burden Wizard” will pop-up after syncing.
To allocate burdens:
1. Step through the Burden Allocation wizard as guided
2. Manually enter the number of employees per ProfitCenter (except QBD users)
You can manage your classes/categories individually or in whole by clicking the drop-down box: