How to recategorise a Chart of Accounts line

FUTRLI allows you to alter the Chart of Account categorisation of a nominal code line at anytime. You can do this within the Chart of Accounts section of the Organisation.

Written by Ross MacLeod

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FUTRLI allows you to alter the Chart of Account categorisation of a nominal code line at anytime. You can do this within the Chart of Accounts section of the Organisation. Using this feature you can move items between Categories that share the same default Debit or Credit behaviour, or from Debit to Credit, or Credit to Debit. The values for the line will display based upon the categorisation of the category which it has been moved into. For example, a negative Credit Card balance within Bank Accounts, i.e. a Credit, would display as a negative figure when placed within the Bank Accounts category. If moved to Current Liabilities, it would remain as a Credit and thus display positively.

Re-categorising an item

Navigating to the Organisations Section

To re-categorise an item you will first need to navigate to the Organisations section of FUTRLI. This is where any Organisations you have synced with FUTRLI will be listed:

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Accessing the Chart of Accounts Section

In order to access Chart of Accounts management for the Organisation, click Settings adjacent to the Organisation:

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Clicking Settings will take you to the Settings area of the Organisation. By default, this will land you on the Chart of Accounts tab. This is where you can view and alter your Chart of Account structure:

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Re-ordering Accounts

To reorder your Chart of Accounts click Re-order accounts:

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This will make the entire Chart of Accounts area selectable. Simply select and drag an Account to move it:

Reorganise Credit Card
And then drop it where you wish it to appear:

Move to Current Liabilities

Saving your changes

When happy with your changes, select Save new order to save your changes:

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Visibility over moved accounts

Any Account you move within FUTRLI will have a pin attached to it in order to distinguish it:

Pinned chart of accounts line