What Company Information Can I Modify?

After you define a company and begin processing, you can continue to change many of the company fields using Company (GL10.1). Changes should be made with caution, as company record changes directly affect all General Ledger processing. The following list shows the company fields you can change if transactions exist. You can make additional changes if no transactions exist.

  • Company name

  • Company status

  • System accounting units

  • Zone balancing options

  • Hierarchy descriptions

  • Currency exchange

  • Currency translation

  • Auto base balancing

  • Auto journal numbering

  • Control totals

  • Journal by document

  • Allow unrelease of released items

  • Allow backout of released items

  • Journal book required

  • Sequential numbering

  • Any field on the Address form tab

  • Any field on the User Field form tab

Note: Recurring journal entries do not create sequence numbering when Sequential Numbering is selected on Company (GL10).
Note: You can change the number of periods from 12 to 13, but you can never decrease the number of periods defined for the company.

Fields That Cannot Be Changed

Several fields cannot be changed once your company is defined. The following lists shows some of the key fields that you need to be aware of. The list is not comprehensive. You cannot change:

  • Currencies

  • Chart of Accounts

  • Fiscal Year

  • Level Sizes