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Create a CCH-based account grouping for an organization

Article author
Jonathon Plowman-Samson
  • Updated

Summary

Learn how to create a CCH-based account grouping for an organization with 3 easy steps. 

  1. Create an account grouping
  2. Apply the account grouping to a new library
  3. Apply the library to a new engagement


Configuration details

You must be an Admin to perform this task.


Navigation

Start at the Admin Settings


Workflow

Step 1: Create an account grouping

  1. On the Admin Settings page, go to the Account Groupings tab.
    This page
    displays a list view of all the account groupings in your tenant.
  2. Select Create account grouping.
    A pop-up window appears.
  3. Select CCH Group Trial Balance, then Next.
  4. Name the new account grouping and import the CCH group trial balance using drag and drop or by browsing your computer.
  5. After the import is complete, select Next.
    You will go to the Account Grouping page, with a table containing the columns from the imported file.
  6. Verify that the accounts are mapped to the appropriate MAC code and that accounts are using the correct account tags and industry tags.
  7. When you are satisfied, Publish the new account grouping.
    A pop-up window appears.
  8. When you are ready, Confirm that you understand the notification.
    The new account grouping will be listed on Account Groupings tab of the Admin page.

Step 2: Apply the account grouping to a new library

Go to the Admin Settings.

  1. Go to the Libraries tab.
  2. Select Create library.
    A pop-up window appears.
  3. Provide the following information:
    • Library name: The name used to identify the library across MindBridge.
    • Base library: New libraries must be based on an existing library to leverage predefined ratios, filters, and control points across different analyses. Selecting a Base Library will match the parameters of this new library with your Base Library choice.
    • Account grouping: Select the account grouping created during Step 1.
    • Industry tags: As auditors create account groupings with different accounts, instances of overlap may occur; Industry tags can be leveraged to employ only a portion of an account grouping’s accounts.
  4. When you are satisfied, select Create library to create the new library, or Cancel to return to the Libraries tab.

Step 3: Apply the library to a new engagement

  1. Select Create engagement.
    You will go to the Create Engagement page.
  2. Use the Library menu to choose a library for the new engagement*. 
  3. Once you’ve filled out the form and chosen your library, select Create engagement.
    Your new engagement will be listed with the rest of your organization’s engagements on the Engagement page.

*Learn more about creating an engagement.


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