Can I allocate income and expenses to more than 1 division in the same company?

I’m glad to see you in the Community, fleming-anthea-g.  

With QuickBooks Online Plus and Advanced, you can use location tracking to monitor income and expenses for different divisions of your business. Enable this feature by following the steps below: 

1. Go to the Gear icon and select Account and Settings.
2. Choose Advanced from the left menu.
3. Click the pencil icon on the Categories section.
4. Place a checkmark on the box next to Track locations.
5. On the Location label drop-down, select Division.
6. Hit Save, then Done.

Check out this article for instructions on adding a location for reference: How to set up and use location tracking. Once done, make sure to select a division for each transaction you create.  

Listed below are different types of reports available: 

• Profit and Loss by Division
• Purchases by Division Detail
• Sales by Division Detail
• Sales by Division Summary

For more information about generating reports, take a look at this article: Run reports. 

If there’s anything else I can help you with about QuickBooks, click the Reply button and post a comment. I’ll be glad to assist further. Have a great day ahead and stay safe!