Totaling Groups

Overview

Totaling Groups help you organize GL accounts into hierarchies for reporting and analysis. Use them to create logical account groupings that roll up balances for consolidated financial statements and dashboards.

What are Totaling Groups?

Totaling Groups organize accounts in a hierarchical structure to:

• Financial Reporting: Aggregate balances from individual accounts and sub-groups
• Custom Reporting: Create account groupings for dashboards and KPIs
• Flexible Organization: Structure accounts by business function, department, or other criteria

How Totaling Groups Work

Hierarchy Structure

Groups support nested hierarchies with these rules:

• A group can contain accounts and/or other groups
• Each account or group can belong to only one parent group
• Pre-configured root groups ensure all accounts roll up correctly

Pre-Configured Groups

The system includes standard accounting groups that are automatically maintained:

• Root: Top-level group containing all accounts
• TotalAsset: All asset accounts
• TotalLiability: All liability accounts
• TotalEquity: All equity accounts, including net profit
• TotalIncome: All income/revenue accounts
• TotalExpense: All expense accounts
• LiabilityAndEquity: Liabilities plus equity
• NetProfit: Income minus expenses

These default groups cannot be deleted and ensure your chart of accounts maintains proper accounting structure.

Balance Calculations

When you retrieve a group balance:

1. The API calculates balances from all accounts and sub-groups within the hierarchy
2. Balances are aggregated according to standard debit/credit rules
3. Results include detailed breakdowns for reporting

Examples

Example 1: Grouping Card-Related Assets

Create a “Total Cards” group to consolidate card-related asset accounts:

TotalAsset (default group)
  └── Total Cards
      ├── Card Receivables
      ├── Card Advances
      └── Card Processing Assets

Example 2: Organizing Revenue by Product

Structure income accounts by product line:

TotalIncome (default group)
  ├── Lending Revenue
  │   ├── Consumer Loan Interest
  │   └── Commercial Loan Interest
  └── Card Revenue
      ├── Interchange Income
      └── Annual Fee Income

Related Resources

• GL Accounts Guide
• Transaction Sets Guide
• API Reference: Totaling Groups