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Status Answered
Created by AgExpert Support
Created on Dec 22, 2020

Disqus Agexpert Accounting Questions Archive

Can one retroactively change the percentage allocation to business for a particular expense account once those expenses have been entered?

  • ADMIN RESPONSE
    Feb 10, 2025

    Good afternoon!

    Because this would require a change to the transactions themselves, changing the business percentage allocation does not retroactively change transactions that are already posted - it only changes them on a go-forward basis.

    To change the ones that already exist, you must full edit them, make a small change somewhere (a space at the end of the description is often enough), and re-record them with the new allocation. The old transactions will be reversed, and the new ones will take their place.

    Thank you very much!

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