Change of company structure

Question

I'm using AccountRight and mistakenly set up a data file as a Company instead of a Partnership.
Is there anyway of changing this without creating another entirely new data file and transferring data?

chrismc · Answer

The main difference for structure of a file is the chart of accounts in setup.&nbsp; Therefore, simply amend the Equity chart of accounts to use for a partnership.&nbsp; See below standard chart for a partnership.&nbsp; Note the feature of Profit Allocation is available in both company and partnership
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chrismc · Answer

Additional download as a PDF

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Change of company structure

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