Overview #
Welcome to the Papercare Working Papers help section. This guide will assist accountants in reclassifying transactions from one account to another. Follow the steps below to accurately and efficiently reclassify transactions within our software.
Step 1: Understand the Reclassification Function #
The reclassification function allows you to reclassify the source transaction with just a click of a button.
Step 2: Access Reclassification from Various Pages #
You can reclassify transactions from the following modules:
Movement Tab in Control Account
Ledger Analysis
Profit & Loss Insights
Step 3: Select the Transaction #
Identify and select the transaction you want to reclassify.
Step 4: Click on the Reclassify Button #
Click on the “Reclassify” button. This will open a “Reclassify” pop-up window.
Step 5: Enter Details for Reclassification #
In the “Reclassify” pop-up window:
Either enter the software code or alternatively select the control account where you want to reclassify the transaction.
Enter remarks for your reference.
Step 6: Submit the Reclassification #
Click on “Submit” to reclassify the transaction.
Step 7: Review Reallocated Transactions #
You can find the list of reallocated transactions in the “Reallocation Journal” tab under “Journals” in the Main Menu.
If you have any further questions or need additional assistance, please contact our support team.