How to move amounts between Accounts

There are circumstances where amounts on the Monthly Data screen need to be moved from one account to the other, or from an Untagged line to the actual line.

Example:

There is an amount in the Net Miscellaneous Revenue/Expense line containing a Government Grant that should have been tagged Non Operational but it was not separated into its own account, so couldn’t be.  You can move an amount out of this line and into a new line by following these steps.

Note: please Email Support if you need to adjust Balance Sheet values in RTC.  Only use these instructions for Income Statement adjustments.

1. From the menu, select the Monthly Data screen.
2. Choose the month/year you want to start from.
3. Click the Edit button (top-right).
4. Click on the 3 dots next to the line to be adjusted (in this example, Net Miscellaneous Revenue/Expense). Select Reallocate.
5. In the month to be adjusted, enter the amount to reallocate to a new line.
6. In the ‘Select a Line’ field, type a name for the new account. E.g. Government Grant. Click on the name just entered to select it, then click the appropriate tag (in this example, Non Operational).
7. Click Apply.

The amount will be moved from the Net Misc line into its own line and is now tagged as Non Operational.

Make a note of any adjustments you make because if data is reloaded, they will need to be re-entered.