You may set up to two Reporting groups for your Accounts. Account groups allows you to group or categorise the accounts on which you would like to report. Each Account group need to linked to a Financial category to structure the options to view, analyse and print the financial reports (i.e. Trial balance, Income statement, Balance sheet, etc.). 

Account reporting groups may also be linked to financial categories on the Setup → Financial categories (Setup ribbon).

To link Groups to Financial categories using the Accounts screen:

  1. On the Setup ribbon, select Setup → Accounts. The Groups as created on Account groups - Reporting group 1 will be listed in the "Accounts" screen.
  2. Select "Financial categories" in the "Sort" field.

  1. Select a Group and select a Financial category (i.e. Assets, Capital, Expenses, Income or Liabilities) from the list.
  2. Click on the Save button.
  3. Repeat the process for all the Account groups.
  4. Once finished with Reporting group 1, select Reporting group 2 and repeat the link process.

The Save button will only be displayed (next to the Financial category name) field, once any  any changes are made.

You need to click on the Save button. If you do not do this, your changes will be lost.

Account groups - Reporting group 1 and 2 – The sequence in which the groups and accounts are listed, may be changed by selecting the groups on the list and use the Move up or Move down icons.  

Account group 1

Account group 2