A wholesaler who sells furniture and home accessories might want to classify
account balances by product line (Furniture and Accessories). If you
create one class for each product line, you can later create reports by product
line, such as a Profit & Loss by Class report and the Balance Sheet by Class report.
Track income and expenses at each of your distribution centers:
Track income and expenses for each of your product lines or departments:
If you want to break down your account balances even further, you can create subclasses.