Your client, Castle Construction, has been using Class tracking for years in QuickBooks Online Plus. Classes have been set up to track activity for the following physical locations:

• Downtown
• Uptown
• Midtown

Now they realize that they need to use Classes for a completely different purpose: business type. They have set up the new classes:

• Commercial
• Residential
• Mixed

You've turned on Location tracking and set up Downtown, Uptown, and Midtown as locations.

What are the correct steps and order to clean up what the client has entered so far?

• Step 1: Merge each Class with its comparable Location. Step 2: Use the Reclassify Transactions tool to add the comparable Location to all transactions, based on the historical Classes.

• Step 1: Use the Reclassify Transactions tool to change the Class to "None". Step 2: Use the Reclassify Transactions tool to add the comparable locations.

• Step 1: Use the Reclassify Transactions tool to add the comparable Location to all transactions, based on the historical Classes. Step 2: Use the Reclassify Transactions tool to reclass the existing transactions to the newly created classes.

• Step 1: Run a Profit and Loss by Class. Step 2: Drill down to the transactions; change the Class in each to a new Class and add the Location.

• Step 1: Use the Reclassify Transactions tool to reclass the existing transactions to the newly created classes. Step 2: Use the Reclassify Transactions tool to add the comparable Location to all transactions, based on the historical Classes.