How do I change the GL account my admin fee journals use?

Article summary

Did you find this summary helpful?

Thank you for your feedback

We just changed banks and I have a new GL account for my checking account. My admin fees are still posting against the old account. Where do I go to fix that?

Answer:

The account numbers used in the admin fee process are managed in the Fund Class Defaults.

Fund Class Defaults can be found in File Maintenance > Fund > Fund Code Maintenance > Fund Class.
Double-click on each class and scroll down one screen and you will see the Admin Fees Offset Account.
Change that value to the new account for each class affected.

It might also be necessary to change any GL overrides you might have in place for some funds.

Was this article helpful?