When viewing a report, you get the message: Your System Has Unallocated Financial Categories
(Guide for Pastel Partner 14, but older versions will loosely follow the same method).
When you view certain reports ( like the Balance Sheet ) you may get this message if any of your General Ledger accounts do not have a financial category specified.
To view a full report of all accounts which are currently unassigned to a financial category, you can follow these steps.
- Go to 'View > General Ledger > Listings > Accounts.
- Now fill in the report filters as follows (One report for Balance Sheet accounts and one for Income Statement accounts).
- With a clear list of all the General Ledger accounts with unassigned financial categories, you can now apply the correct financial category.
- Go to 'Edit > General Ledger > Accounts'.
- Now select the correct Financial Category for the account.
- With all General Ledger accounts allocated with a Financial Category, you should be able to run any of the reports again now.
Unallocated Accounts
Note. Pastel support cannot help you choose an appropriate category. If you enter the incorrect detailed financial category, you will generate inaccurate and misrepresentative financial reports. It is your responsibility, not Pastel's, to ensure that you select the correct financial category. We recommend that you consult your accountant to help you select the correct category.
Related Articles
How to set up your Tax Boxes for the Tax Box report
Guidance on how to set up your Tax Boxes for the Tax Box report. (Guide for Pastel Partner 14, but older versions will loosely follow the same method). This guide will explain how to set up your tax boxes for your entry types. Please note - we cannot ...How to do a stock take
Guidance on the Inventory Count / Stock Take procedure. (Guide for Pastel Partner 14, but older versions will loosely follow the same method). The inventory count is a process where you would do a physical stock count and compare them to the quantity ...The Tax Manager and how to keep a better check on your VAT
Guidance on how to setup the Tax Manager. (Guide for Pastel Partner 14, but older versions will loosely follow the same method). The Tax Manager is a very useful feature available in Partner and Xpress, you can use it to ensure all VAT is declared ...VAT Filer upload and submit
How to upload your VAT return figures and submit them with MTD Before you can submit your VAT figures, you will need to prepare an excel sheet with your VAT totals for each box. Attached in this guide is an excel file (see bottom of page or [Click ...How to add a new Bank Account
Guidance on how to create new bank accounts, ready for cashbook processing. (Guide for Pastel Partner 14, but older versions will loosely follow the same method). You will first need to create the bank account as a General Ledger account. Part 1): Go ...