Existing ledger - Modifying a chart of accounts

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Kezza_10859744
Kezza_10859744 Member Posts: 1

I have inherited a chart for a non profit that does not facilitate reporting. I wish to change some account names, create new ones etc whilst maintaining the historical balances for comparison.

Appreciate guidance views from the community.

If I change and account name will the posted transactions be updated?

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  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    My only comment would be as long as you don’t change the account type, expense, asset etc. Names shouldn’t be an issue.