How can users track their income by location in QuickBooks Online?

To effectively track income by location in QuickBooks Online, enabling the "Location Tracking" feature in the settings is essential. This feature allows users to assign transactions to specific locations, providing insights into how different areas contribute to overall income. When this feature is active, every transaction can be tagged with a corresponding location, facilitating detailed reporting and analysis. QuickBooks then offers various reports that summarize income by each location, helping businesses evaluate their performance across different areas.

Other methods, while potentially useful for organizing financial information, do not specifically provide a streamlined way to track income by location in the same effective manner as the dedicated "Location Tracking" feature. For instance, categorizing income in the chart of accounts does not inherently link that income to specific locations. Similarly, using sub-accounts could lead to a more complex structure without the straightforward benefits of dedicated location tracking. Exporting reports to Excel for manual filtering is a time-consuming process and lacks the real-time tracking and reporting capabilities integrated within QuickBooks Online.