After selecting which company file to use as the standard COA, click on"Next" to continue on to mapping.
Once you've selected the standard chart of accounts, you'll be asked to map the accounts of each of the franchise's companies to the standard chart of accounts.**Please make sure to recategorize these accounts before mapping, as well.**
The screenshot below depicts the user interface for the mapping process:
The column on the left shows the chart of accounts for a specific company file, while the column on the right shows the standard chart of accounts. You can map the company file's accounts to the standard chart of accounts by simply dragging-and-dropping accounts from the left to the corresponding accounts on the right. Grey accounts on the left indicate that this account has already been mapped, while black accounts still need to be mapped.
Alternatively, you can use the"Automerge"button to map individual COAs to the standard chart of accounts. Clicking this button automatically assigns accounts from the company file to the same account in the standard chart of accounts. When utilizing this option, be sure to verify all accounts were mapped correctly! If necessary, utilize the drag-and-drop functionality to properly re-map any errors.