Financial Re-Categorisation

To perform a financial re-categorisation, firstly, ensure that you understand the purpose and implications of such a process. Then, simply follow these steps.

1. Navigate to the main ‘Assets’ page and make a selection from the map screen.

   Ensure the correct asset component is your active selection.

2. Within the transactions info panel is a section title ‘Transaction History’. It is here that users can see past recorded movements, as well as perform financial re-categorisations.

3. At the top of the ‘Transaction History’ section, click on the ‘Reclassify’ button.

   Info

   If the summary table and/or the ‘Reclassify’ button is not displayed for your active component, it typically means that the asset component does not have any transactions posted against it. This therefore indicates that re-categorisation is NOT necessary.

4. A fly-out panel will display, requiring the target finance category and posting date for the change to occur.

5. Enter the posting date for the financial re-categorisation to occur using the calendar input.

6. Select the target finance category from the drop-down list.

7. Provide an optional comment.

8. Click ‘Reclassify’ when ready.

9. This operation does NOT proceed via staged changes, and occurs immediately. You have successfully re-categorised your component.