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  1. Account structure:
    1. iRely Recommends the following structure for your chart of accounts
      1. Primary Account (5 Digit numeric code)
      2. Location ( 4 digit numeric code)
      3. LOB (3 digit Numeric Code
  2. iRely does not support an alpha-numeric chart of accounts
    1. This style of account is difficult to use from a data entry perspective
    2. The sorting and grouping function in the chart of accounts in not optimized for this pattern
    3. Financial report design is more difficult with an alpha numeric pattern
  3. iRely does not support the primary account being in a position other than the first position
    1. Financial reporting has been optimized based upon having the primary account in the first position

 

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