HandiLedger assigns specific account numbers to different entity types. If you have selected the wrong entity, the steps below will assign the correct chart of accounts and rectify any incorrect postings you may have made.
Delete the Chart of Accounts
Log in to HandiLedger and Select the Entity.
Click Delete.
In the Delete Main Data window, select Chart of Accounts only, and click OK.
Change the entity type
Log in to HandiLedger and Select the Entity.
Click Edit to open the Entity Details window.
In the Entity Details window, select the correct entity Type (subtype if required), and click Save.
Highlight the correct master chart and click Open.
Click Close.
Rectify the incorrect postings
If you have existing transactions to an entity-specific account, you will need to amend those transactions. To identify these accounts:
Log in to HandiLedger and Select your entity.
Go to the Tools menu, select Verify Accounts, then click Start.
The program will indicate which account numbers could not be automatically added.
Using this list, from the View menu, select Ledger Entries and click Fix.
Transfer the postings from their incorrect account to the correct accounts for the new entity type, then click Ok and Close when complete.