Chart of Accounts
Last update:CCH IFirm Accounts Production
Chart of accounts
This document details the features and functionalities of the chart of accounts within financial software, allowing users to view, edit, and filter nominal accounts. Users can add new nominal or sub-accounts, change descriptions, and revert to original entries. Key warnings emphasize that altering account types or close-off accounts is not recommended. The document also describes the process for managing rounding accounts for different business structures. Overall, the chart facilitates efficient financial management while highlighting caution in modifying core elements.