Our Finance Dept will soon be converting to a new software program and in the process we will taking a look at the current chart of accounts. We have already been told to expect a major overhaul.
I am less concerned about the time involved in re creating the process and more concerned about how these changes will affect the ongoing/previous practices within the database itself.
I am sure this is not uncommon. I was asked to submit to the network.
What would happen in Tessitura if a gl number was changed mid year for funds already associated with campaigns or for payment methods currently created/used? Does it make sense to we continue using the current structure and phase in the new process as new campaigns are created?
Hi all -
I'm planning a chart of accounts overhaul at our fiscal year end and wanted to resurrect this forum post to see if anyone has any further comments on changing the GL number format along with actual account code changes.
Please let me know if there are any concerns with this. Am I even able to do this mid-database? Is it as simple as going in on the first day of the new fiscal year and changing the format, setting up the new accounts, and tying them to all the relevant funds, price maps, etc? Will Tess just continue to report on prior transactions under the prior GL code, even with a format change?
I took a look at some of the documentation, but didn't see this specifically addressed.
Thanks!
Claire