I am curious if the “Class Account” described here: https://erpnext.org/docs/current/models/accounts/account is similar to Netsuite’s feature called “Classes”. In short, NetSuite Departments and Classes are classification put on transactions to segment the P&L results. Typically Departments are used to track expenses by functional department in an organization (e.g. Marketing, Accounting, Sales, Production, etc…) Classes are best used to track elements of the business that generate revenue with associated COGS and Expenses (e.g. Marketing Channel, Customer Type, Fulfillment Type, etc.)
Is that what Class Accounts do in ERPnext?