2016
 
 
 
  
Exploration companies 
  often need to track 
  expenditure by “Project” or 
  “Program”
  There are two main reasons for tracking 
  exploration expenditure by “Project”, 
  “Program” or “Property”:
  (1)
  Reporting to government;
  (2)
  Reporting to partners or optioners.
 
 
 
  
Projects & Classes
 
 
 
  CampControl recommends 
  using the QB “Class” 
  classifier to separate 
  expenses by “Project” or 
  “Program”
  To view a video presentation of using “Classes” 
  in QuickBooks, please click here.
  “Classes”, the way 
  QuickBooks desribes them
  “Classes provide a system for categorizing 
  transactions that goes beyond the basic ways 
  of assigning transactions to expense or 
  income accounts.
  With classes, you can categorize each detail 
  line on a transaction. This lets you write one 
  cheque to the same supplier for things bought 
  for two different business units and still track 
  the business unit for those purchases.”