Balance Sheet by Class

Summary

Is it possible to create a Balance Sheet by Class?

Question

Since you can get a P&L report by class, it seems logical that you would be able to get a Balance Sheet report by class. You could imagine a Balance Sheet with several columns, one for each of your classes. Each column would report the portion of the balance in each account that "belonged" to each class. This would be particularly useful if you had several locations and you wanted to track inventory by location.

Answer

Unfortunately, the Balance Sheet by Class is not available in QuickBooks.

Balance Sheet accounts only have balances "at a point in time". So if you wanted to ask how much of the bank balance, or inventory, or A/R balance is in one class or the other, the answer would be meaningless since the answer would depend on a date range of transactions.

I imagine that Intuit could add such functionality, but as of QuickBooks 2002 (all editions), you cannot get this report.