Modify Company Information

Modify Company Information allows you to add and edit your companies and related information.

Company Information Tab

The Company Information tab allows you to edit the details of the currently selected company. You may also click the Add New Company link to add a new company. You may select a different company by clicking its link on the right panel.

Note: Adding a new company makes it the currently selected company. If you wish to work for a different company, click the change link after finalizing your new company setup (More Information).

Note: Click the Delete icon next to a company in the right panel to be prompted to remove it. You can only remove companies with no activity.

Enter the demographic information in the provided fields. Typing the Postal Code populates the City and State fields. Enter the Federal Tax ID Number for your company.

In the State eFile Number field, enter your state's BEN if your state requires one for e-filing 1099s from Accounts Payable (for example, Iowa). If your state does not require a BEN for e-filing 1099s, leave this field empty.

The Default Year and Default Period are defaults for the Current Financial Settings. See the Current Financial Settings help page for more information. Select the Default Year and Default Period using the drop-down lists.

1. Send Entry to Bank Account Management?: select this option if you want a Bank Reconciliation Item created when a manual journal is posted.
2. Create Separate Bank Items For Each Detail Line? Select this option to create a separate Bank Reconciliation Item for each bank account detail line when a manual journal is posted.
3. Require the Posting Date and the Period to match on all Journals? Select this option so the program does not allow you to finalize a subledger until the posting date and period match. This also applies to manual journals. A manual journal must include the journal date, and all detail dates must fall within the period.

The Use Statement Type field allows you to choose Net Assets or Capital. This changes the Account Type description from Capital (for-profit) to Net Asset (nonprofit), and vice versa.

Enter any additional information about the company in the Note field.

1. Click the Update button to save all changes.
2. To undo all changes since the last update to the page, click the Reset link.
3. To return to the main General Ledger page without saving, click the Cancel link.

Expensify Settings Tab

The following settings are used when integrating with Expensify to import payments. See Expensify Integration for more information.

Updated June 17, 2026 05:55