How do I inactivate or delete a Financial Account?

Overview:

While working with your Financial Accounts and making Allocations, you can inactivate or delete a Financial Account if you encounter the need to make changes to your financials.

Requirements:

• Active Financial Accounts created.

Process:

1. Navigate to Setup>Financial Accounts 
2. Click to select the account in question
3. In the Edit Account window, uncheck the box next to Active
4. Then select Save

Keep in mind:

• Inactivating a Financial Account keeps the historical values if any have been used in the past (i.e., existing allocations will NOT be changed).
• You're also able to make new allocations while an account is inactive.
• Inactive Financial Accounts will display under the Inactive heading on the Financials>Allocations page.

To delete a Financial Account:

1. Navigate to Setup>Financial Accounts 
2. Click to select the account in question 
3. In the Edit Account window, select Delete

Related Articles:
Getting Started: Overview of Financial Accounts and Allocations
How do I factor in overhead costs?