Changing Chart of Accounts/GLs

Has anyone been through the process of a complete GL/COA change, necessitating you to replace all or some of your GL codes?  If so, I'd really love to hear how you went about it.

Thanks in advance,

Chandra

Director, Development Operations & Services

Parents
  • Hi! I have been through the aftermath of one done poorly - when I started with MOT, they had switched over about nine months prior but money was still often being misdirected to old accounts and no one was really sure why. Derrek's explanation is exactly how I would want to handle things if I had been there. The biggest problems we had were that no one updated the accounts tied to old funds, so pledge payments got directed to the wrong place. You honestly cannot test too much to be sure that you've gotten every place money might move.

Reply
  • Hi! I have been through the aftermath of one done poorly - when I started with MOT, they had switched over about nine months prior but money was still often being misdirected to old accounts and no one was really sure why. Derrek's explanation is exactly how I would want to handle things if I had been there. The biggest problems we had were that no one updated the accounts tied to old funds, so pledge payments got directed to the wrong place. You honestly cannot test too much to be sure that you've gotten every place money might move.

Children