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Author Topic:   Adding Additional Catagories in COA
ABAXMAN
Member
posted 07-25-2000 03:36 PM     Click Here to See the Profile for ABAXMAN   Click Here to Email ABAXMAN     Edit/Delete Message
In setting up our chart of accounts, we have used all the catagories under Marketable Investments for the format code "common stock" (format 7). We are using the catagories to represent each manager that we are currently using. We need additional catagories for common stock. What is the easiest way to add catagories. I know at one time FNI would customize the disk for you. Is that still the case.

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John
Administrator
posted 07-27-2000 11:12 AM     Click Here to See the Profile for John     Edit/Delete Message
The Master Chart of Accounts was greatly expanded especially in the Marketable Investment group in FN version 7.0. The new Chart of Accounts will apply to:
1) new data files created with 7.0 (or higher), or
2) existing data files that were updated to the new chart of accounts.
Installing a new version of FN does not affect existing data files.

To update to the new chart of accounts:
Select Utilities | System Configuration | Update to New Chart of Accounts. This will add the new categories and prompt to change existing category names back to the original names. As a safeguard always backup the data files before this process.
Once this process is done, this set of data files will not be able to run with earlier version of FN with the expanded chart of accounts.

For more information refer to the FN help file or FN reference manual.

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