In the past when we loaded Cronus data, the chart of accounts was a GAAP chart of accounts with cash accounts listed first, then accounts receivable, then fixed assets, etc. The newest chart of accounts for Cronus is in the order used by the UK, which is opposite order used in GAAP. Per Microsoft Support, "the non-GAAP format was introduced as a standard for companies in recent versions", and they suggested I submit a product change request.
Please provide a GAAP-style chart of accounts for the Cronus company.
Comments
YES! Please restore the old chart!I noticed this a while back and I've been struggling with it since.I have sample reports written against the GAAP chart but they're broken, now. The new COA is does not contain accounts accounts familiar to US users and contains a lot of accounts that are not.
Category: Financial Management