# Modify Equity Grouping to cater for Nonprofit Standards

**URL:** <https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762>\
**Category:** Uncategorized\
**Created:** [September 17, 2015, 11:36pm UTC](https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762 "2015-09-17T23:36:18Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![tengo20](https://avatars.discourse-cdn.com/v4/letter/t/cab0a1/32.png) [@tengo20](https://forum.manager.io/u/tengo20)\
**Post date:** [September 17, 2015, 11:36pm UTC](https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762/1 "2015-09-17T23:36:19Z")

</div>

Can we modify grouping for Equity to conform with standards for nonprofit organizations?

example: Assets = Liabilities + Net Assets (instead of Equity)

then group Net Assets as Unrestricted, Temporarily Restricted, and Restricted

![](https://us1.discourse-cdn.com/flex019/uploads/manager1/original/2X/0/0ba7c26b8de230276aa43ea9605f51b3d15eb63b.gif)

If not, I hope this will be implemented for future updates. Thanks a lot for this software.

---

<div class="post-metadata">

**Author:** ![Tut](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/tut/32/3286_2.png) [@Tut](https://forum.manager.io/u/Tut)\
**Post date:** [September 18, 2015, 12:46am UTC](https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762/2 "2015-09-18T00:46:19Z")

</div>

I think you can do almost everything you want. All you have to do is rename and/or create accounts in Chart of Accounts under Settings tab. Using the classified balance sheet and multi-step income reports, you can create whatever groups you want. The only thing you could not do is rename the Equity category as Net Assets.

---

<div class="post-metadata">

**Author:** ![Vins](https://avatars.discourse-cdn.com/v4/letter/v/a88e57/32.png) [@Vins](https://forum.manager.io/u/Vins)\
**Post date:** [August 7, 2019, 4:59am UTC](https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762/3 "2019-08-07T04:59:59Z")

</div>

Hi @Tut. Why can’t we rename Equity to something else please? In our case, instead of “Net Assets” it should be “Fund Balance” to fit our non-profit’s Income Statement otherwise known as “Statement of Financial Position.”

Right now, the solution I have in mind is to print it and then edit the PDF/file. It would be great if there would be no need to manually edit/remove such terminology.

---

<div class="post-metadata">

**Author:** ![Ealfardan](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.manager.io/ealfardan/32/63166_2.png) [@Ealfardan](https://forum.manager.io/u/Ealfardan)\
**Post date:** [January 18, 2023, 3:00pm UTC](https://forum.manager.io/t/modify-equity-grouping-to-cater-for-nonprofit-standards/3762/4 "2023-01-18T15:00:15Z")

</div>

Closed on January 18, 2023, 3:00pm UTC