Assigning Groups to Accounts Manually

If needed, you can manually assign a group to an account in the financial or tax trial balance. You might need to do this if Engagement cannot make an auto-assignment, the auto-assigned group is incorrect, or the assignment needs to change for another reason.

  • Changes to financial group assignments update the corresponding account type and classification. Financial statements and leadsheets update automatically as well.
  • Changes to the tax group assignment update the Tax Summary Report.

For consolidated engagements, the groups and subgroups list for the Financial trial balance is shared across the parent and all subsidiary entities. If you create a group in one entity, it is available in the other entities as well. Groups must be assigned at the subsidiary level. The Tax trial balance is not available in consolidated engagements at this time, so you cannot make tax group assignments in those engagements.

Click a link below to view detailed instructions.

ClosedAssign a group to a single account.

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  1. Click either the Financial or Tax tab, depending on which accounts you want to assign. The Tax tab is not available for consolidated engagements at this time.
  2. Do either of the following as needed:
    • On the Financial tab, click into the Group column for the account, and then select the correct group.
    • On the Tax tab, click into the Tax Group column for the account, and then select the correct group.

    Tip: If you enter the index or name for the group, the list of groups automatically filters to include only the groups that match your entered text.

  3. If needed, click the arrow in the Sub-group or Tax Sub-group column and select a sub-group.
  4. If you've selected a rental , farm, or business tax group, select a property number.
  5. Press F5 on your keyboard to refresh the trial balance and re-sort the account list.

ClosedAssign a group to multiple accounts at the same time.

Use this procedure if you need to assign the same group to multiple accounts.

    (missing or bad snippet)
  1. Click either the Financial or Tax tab, depending on which accounts you want to assign. The Tax tab is not available for consolidated engagements at this time.
  2. Select the check boxes for the accounts that you want to assign a group to. Selecting the check box in the header row selects all accounts.
  3. Click Edit/Delete on the toolbar.

    Note: The number that displays next to this icon identifies the number of accounts that are selected for editing.

  4. Select the financial group or tax group that you want to assign to the accounts.

    Tip: If you enter the index or name for the group, the list of groups automatically filters to include only the groups that match your entered text.

  5. If needed, select a sub-group.
  6. If you selected a rental, farm, or business tax group, enter a property number.
  7. Click Save.
  8. Press F5 on your keyboard to refresh the trial balance and re-sort the account list.

Note: You can quickly select or clear the selection for all accounts, by clicking the check box in the trial balance header row.