Purpose

To explain how to archive and restore accounts in Magnifi so your Chart of Accounts stays clean while preserving historical data for reporting.

When to Use

• When you no longer want an account to appear in the active Chart of Accounts.

• When an account is no longer used for future projections but still has historical actual or budget values.

• When you want to restore an account previously archived.

How To

Archive an Account

1. Go to Chart of Accounts.

2. Find the account you want to archive.

3. Click the green filing cabinet icon on the far right.

4. The account will be archived from the date of its last actual or budget value.

   • The account will continue to appear in reports if historical values exist.

   • It will no longer appear as an active account for new projections.

Restore an Archived Account

1. In Chart of Accounts, use the drop-down filter and select Archived.

2. Find the account you want to restore.

3. Click the black filing cabinet icon.

4. The account will now return to the active Chart of Accounts.

Tips/FAQs

• Archiving helps keep your Chart of Accounts uncluttered without losing historical reporting.

• Archived accounts remain available in all historical reports.