You can edit a chart of accounts to customise it to better suit your business. The ranges you set up appear on your Balance Sheet and Profit and Loss reports. 

You can also add floating nominal codes into your Chart of Accounts (COA) for your Current Assets that are also Current Liabilities, like bank accounts.

Edit the Chart of accounts

1. On navigation bar, go to Nominal codes then select Chart of accounts.
2. Select the relevant chart of accounts, then press Edit.
3. Select the Profit & Loss or Balance Sheet tab.
4. Select the category you want to amend:
   • If required, you can amend the description of the category. When you run the management reports, this information appears as a heading. It's not possible to add extra categories
5. Amend the category account range information as follows:
   • Add a category account range - select a blank line, enter the category name, then the low and high nominal code ranges
   • Insert a line into the category account ranges - select the field, press F7, then press Yes. Each category has up to 80 lines
   • Delete a line from the category account ranges - select the name and press F8
   • Amend a category account, amend the low or high range to nominal codes to include in the category
6. Press Save.
   NOTE:

   If you see the error 'You have entered an invalid range of nominal codes', ensure the low field number is less than the high field.

If you receive an Incomplete chart of accounts message, you can identify and correct any errors.