Chart rollover

Roll over only the Federal Chart of Accounts to 2024.
Make changes to the current year chart and update the cross-references. If you delete any accounts from the Federal Chart, the system removes the cross-references for those accounts automatically. If these accounts in the prior year had balances that you want to retain history, you must cross-reference them to a current year account.
note
The process of rolling over your Federal COA and making changes to it before rolling over your adjustment charts is required so that the system can account for your Federal COA changes in the adjustments. If you roll over your Federal COA and adjustment charts at the same time and want to make changes later, then you will have an extra step to remove the account from the adjustment, before deleting it from the Federal COA.
Roll over your Federal Adjustment Charts and all other federal and state charts.
Access the 2023 adjustment charts and make the changes you need.
Update cross-references as needed.
Roll over the previous year's binders to the current year. Most likely you will choose to roll the chart assignments.

Use this scenario when you need new charts to prepare your current tax year returns. You can retain the historical information by cross-referencing the new charts to the previous year's charts.
Create and populate a new Chart of TCCs, Federal Chart of Accounts, Federal Adjustments, and M-3 charts. You can export the existing previous year's charts to use to create the new charts.
Cross-reference your previous year's Federal COA to your current tax year's Federal COA. This cross-reference chart retains your historical information from prior year to current year.
Cross-reference your previous year's Federal Tax Adjustment Chart to your new current tax year's Federal Tax Adjustment Chart. This cross-reference chart retains your historical information from prior year to current year.
Roll over the previous year's binders to the current tax year's. Select
Don't roll the chart assignments with the binder
.
Assign the new federal charts to your current tax year's binders. Select
Binders
, then
Actions
, then
Info
to assign the charts or use the Enterprise Control Panel.
Roll over the state charts and assign them to the current tax year's binders. Select
Binders
, then
Actions
, then
Info
to assign the charts or the Enterprise Control Panel.

Follow the steps for rolling over entities that are not part of a consolidation to roll over the members that will change charts before rolling the topcon/subcon.
Roll the members without charts assigned.
Use the Enterprise Control Panel to assign the charts.
Roll over the topcon and the entire members list, including the members in (1), with charts assigned. The software won’t re-roll the members rolled over in (1). It won’t change the chart assignments to the existing previous year's binders. It will keep the members in the same order on the
Members
tab for the previous year as they were for the current tax year.

Transfer TCC 001 detail to Organizer

Go to
Charts
Federal
Accounts and Adjustments
.
Select the year, the specific chart of accounts, then
More
.
Select
Closing & Rounding Options
from the dropdown.
Mark
Transfer TCC 001 Detail
.
Select
Save
.