grouping structure

Hierarchy of financial groups and accounts that can be used to categorize and arrange financial groups and accounts in the trial balance into meaningful categories. These grouping structures exist in Caseware Cloud:

  • financial grouping structure. A hierarchy of groups that is used to categorize and arrange accounts in the trial balance or financial statements.

  • tax grouping structure. A hierarchy of groups that is used to categorize and arrange accounts for tax purposes. A tax grouping structure resembles the tax codes applicable to your market.

  • chart of accounts. A hierarchical listing of each posting account in the trial balance. Certain Caseware Cloud apps may employ a standard chart of accounts that doesn't necessarily resemble the line items in the financial statements.