Renaming categories

PamjamnPamjamn Member Posts: 1

If I change the name of a category for income or expenses for ease of end of year reporting, will the change in name affect prior year information already recorded? Such as changing name of Miscellaneous revenue to travel time. Will previous entries recorded as Miscellaneous revenue change over to travel time?

Comments

  • EmmaPEmmaP Member Posts: 639 ✭✭✭

    Hi @Pamjamn! If you rename a category the change will reflect on all past transactions with that category. If you do not want to affect any past transactions by renaming a category, you can always add new categories as you need to your Chart of Accounts!

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