Dynamic Account Structures
What are Account Structures?
For the production of financial statements, the Chart of accounts is separated into Balance sheet and Profit and loss.
Within that, the accounts are further separated into logical headings that aid the presentation of these accounts.
Within iplicit, these accounts are called Account groups.
This combination of information forms the structure of the financial statements. In the majority of cases, one structure might be enough, but in some businesses it is necessary to present the statements in different structures according to the audience.
How do you view Dynamic Account Structures?
View Dynamic Account Structures
Select GL / Dynamic Account Structures from the Others section of the pulse menu -
Note
This is an example screen shot of the pulse menu.
Position of the menu items within pulse will vary according to available options and dependant on personal screen resolution.
or enter Dynamic Account Structures in the Quick Launch Side Menu.
This will then show the Dynamic Account Structures on the system where normal customisation of Sets can be used.
Tip
To modify the columns displayed, select 
in the top right of the page, then tick/untick the information you want to see or not.
Select and open a Dynamic Account Structure - some have already been created (Author tick box selected).
Structure: Headings for the Profit & Loss and Balance sheet sections as required. Normal row and column expansion options allow viewing more/less.
Accounts: Management Accounts relating to the headings.
Uniformed Systems of Accounts: Able to view the whole structure.
These Dynamic Account Structures are now available. For example, in Trial Balance, selecting the icon allows you to select different Dynamic Account Structures depending on the report required.
How do you create a Dynamic Account Structure?
Creating a Dynamic Account Structure
Select Dynamic Account Structures from one of the options as shown above in View Dynamic Account Structures.
Select New.
Enter a unique description of the Structure.
Select Create.
Select new Dynamic Account Structures.
Add further details, select Edit.
For example - Adding to Profit & Loss.
On Structure Tab -
Hover over Profit & Loss and select + icon.
Enter Code and descriptions as required.
On Accounts Tab -
select Account from list on right hand column and moved to the correct Chart of Accounts section previously created in Structure.
Updated April 2024