Accounting Classes

1. Overview: Understanding Accounting Classes

• Accounting Classes are used to segment financial data.
• Instead of only viewing total revenue or total expenses, firms can break down performance across different parts of the business.
• For example, a firm might segment by:
  • Location — New York vs New Jersey
  • Service Type — Litigation vs Advisory
  • Business Unit
• You can define up to four different class types, where each represents a dimension of the business.
• Each class acts as a tag that can be applied to transactions such as:
  • Bills
  • Payments
  • Expenses
• This allows for:
  • More detailed reporting
  • Better financial visibility
  • Clear performance tracking across segments

Step 1: Initiate Accounting Classes Screen

1. Log In

• Access LawAccounting / CaseQube using your secured credentials.

2. Navigate to Accounting Set Up

• Using the App Launcher (nine-dot icon), open the Accounting Set Up screen.

3. Open the Accounting Classes Screen

• Click on the Accounting Classes tab.

2. ### Step 2: Create a New Accounting Class

1. Click “New”
   • Click the New button.
2. Enter Class Name
   • In the name field, type “Boston”.
3. Select Class Type
   • Click the “Type” dropdown.
   • Select “Accounting Class 1”.
4. Save
   • Click Save.

Step 3: View Related Information

1. View Details
   • Click on Details Tab.
2. Open Transactions
   • Click on the Transactions tab.
3. View History
   • Click on the History tab.

Step 4: Edit / Update an Accounting Class

1. Click “Edit”
   • Click the Edit button.
2. Update Details
   • Make the necessary updates to the fields.
3. Save Changes
   • Click Save after making updates.

Step 5: Clone an Accounting Class

1. Click “Clone”
   • Click the Clone button.
2. Update Details
   • Make the necessary updates to the fields.
3. Save
   • Click Save.

Step 6: Delete an Accounting Class

1. 1. Click “Delete”
   • Click the Delete button to remove the record.