About reclassifying general ledger transactions

In Visma.net ERP, the reclassification of a general ledger transaction means the creation of a correcting transaction to move an amount from one general ledger account to another general ledger account, from one subaccount to another subaccount, or from one company branch to another one.
You can reclassify a general ledger transaction if an amount has been posted to the wrong general ledger account, subaccount, or branch by mistake.

As a result of the reclassification process, the system generates a new transaction of the Reclassification type based on the original general ledger transaction.
The Reclassification transaction moves the amount from the wrong general ledger account, subaccount, or branch to the required one.
The following section provides an example of the reclassification process and illustrates the corresponding general ledger transactions.

Related concepts
Initiate reclassification and split
Process reclassification
About viewing and managing reclassification transactions

Related tasks
Reclassify general ledger transactions

Related reference
Account details (GL404000)
Reclassification history (GL405000)
Reclassify transactions (GL506000)