You can create custom report group classifications to use for specialized reporting. For example, to meet GASB Statement 34 compliance (Fund product only). If you want to classify certain accounts that appear in an exported spreadsheet, you can create a Classification Code and then assign it to those accounts using the Report Group 3 drop-down in the GL Accounts window. For example, you could create a code named “NEWINV” to assign to accounts that pre-order new inventory (Business product only) or “SPCGRNT” to assign to accounts that use special grants (Fund product only). This information will now be included in the GL Spreadsheet Export window for preview and export for the affected accounts.

To set up a user-defined classification in General Ledger, select Chart of Accounts > Set Up User-Defined Classifications from the left navigation pane. Enter a Classification Code of 10 characters or less or use the Lookup to select an existing code and then enter an applicable description.