Is it possible, as everywhere in the software, to have the possibility to give custom names to “assets”, “liabilities” and “equity”. I use alphanumeric codes (I put them as prefix in the name) and I would like to put the code also in this accounts.
Not sure what you mean by this. Do you need ability to set code on top-level balance sheet groups so the code can be shown on balance sheet report?
I’m reluctant to allow users to outright rename Assets or Liabilities groups into something else. I mean what they would rename it to? Those terms are standard.
Hi @lubos. Thank you very much for this great Manager software.
Indeed, “Assets” and “Liabilities” are standard terms as well as “Equity.” However, for non-profit operations and reporting, “Equity” is called “Fund Balance” and so please allow us to edit/rename at least “Equity” like the way we can edit “retained earnings” and “accounts receivables.”
Thanks again.
I think that it was going to be better if the groups in the balance sheet can be edited as those in the Profit and Loss Statement.
Then when creating groups one would the select which if it falls Asset, Liability or Equity. This provides more flexibility when designing chart of accounts
I agree to allow account codes to be added such as 1000 Assets. Unfortunately, this does not yet seem to be implemented. Please can this be put into ideas? Thanks!