<klink type="cncpt">Tell me about classifications</klink>
</index>
<content>
<p><glossary tNum="286967">Classifications</glossary> are another way to organize your finances. For example, if you own or manage rental property, you can keep track of transactions property by property if you assign each a classification. If you were to use categories instead, you would need to create a number of subcategories.</p>
<p>You can create up to two classifications. Each classification can contain both <glossary tNum="286966">classes</glossary> and <glossary tNum="287094">subclasses</glossary>. For example, after you set up a classification for your family, you can create a class and subclass for each family member. Then, you can generate reports that tell you exactly how much you spend on each.</p>
<p>When you create a classification, Money eases the process of entering information by creating classification boxes in the account register below the Category and Subcategory boxes.</p>