Purpose

Steps to Normalize Chart of Accounts

• Navigate to the Normalization Section: Go to Settings and select Normalization from your AutyFi.ai dashboard. It is in the left hand menu.
• Select Chart of Accounts: Choose the Chart of Accounts tab.
• Choose a Location: Select a location with unmatched items using the search bar if necessary.
• Review Data Status: Check the table for Unmatched, Matched, Inactive, and Excluded items.
• Standardize Unmatched Items: Click on the location and match the unmatched items to the standard list on the right. Use the arrows to align the items.
• Save and Confirm: Save your changes to ensure the data is standardized.

Key Benefits

• Improves Data Quality: Ensures consistency and accuracy.
• Facilitates Data Comparison: Makes it easier to compare datasets.
• Enhances Algorithm Performance: Leads to more accurate models.