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peterkf
Dec 17, 2019 5:26 PM UTC
Solved

COA list

Our chart of accounts list shows balance totals that combine 2018 and 2019. An account QuickReport will give the correct current year total, however. What's up with the COA list and how do I get it to display the current year balances?

MikiD
MikiDAnswer
Dec 17, 2019 6:40 PM UTC

The balances showing in your Chart of Accounts are the most recent ones, peterkf. 

 

Each of the accounts in this chart are consist off all transactions from the moment they were created. if you'd like to only have the transactions for the current year, you can run the general ledger instead. Below are the steps to do this:

 

  1. Go to Reports at the top and select Report Center. 
  2. Type in General Ledger in the search box. 
  3. From the list, select General Ledger. 
  4. Set your Desire Dates (Current Year). 
  5. Click Refresh.   

 

 

 

This is the master set of accounts that summarize all transactions occurring within an entity. 

 

Learn more about customizing reports here: Modifying Financial Reports.  

 

Let us know by posting here again if you have other questions. We'll make sure to answer them right away. 

 

 

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3 replies

MikiD
MikiDAnswer
Dec 17, 2019 6:40 PM UTC

The balances showing in your Chart of Accounts are the most recent ones, peterkf. 

 

Each of the accounts in this chart are consist off all transactions from the moment they were created. if you'd like to only have the transactions for the current year, you can run the general ledger instead. Below are the steps to do this:

 

  1. Go to Reports at the top and select Report Center. 
  2. Type in General Ledger in the search box. 
  3. From the list, select General Ledger. 
  4. Set your Desire Dates (Current Year). 
  5. Click Refresh.   

 

 

 

This is the master set of accounts that summarize all transactions occurring within an entity. 

 

Learn more about customizing reports here: Modifying Financial Reports.  

 

Let us know by posting here again if you have other questions. We'll make sure to answer them right away. 

 

 

    peterkfAuthor
    Dec 17, 2019 8:45 PM UTC

    Thank you for the reply!

     

    It does seem like an odd approach since there's no real accounting use for such totals as are shown on the COA list, but presumably it simply reflects what is in the databank from which filtered reports are drawn.  At any rate, we now know what's going on, and that's a good thing.

    Michael K
    Michael K
    Dec 17, 2019 10:05 PM UTC

    Hey there, @peterkf. Thanks for updating us here in the thread.

     

    I'm glad we were able to determine the cause of the issue.

     

    If you have any further questions, feel free to reach back out to me. Have a wonderful day!

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