Other way of account classification is account tagging.

Step 1. Go to your "Financials" tab select "Accounts"

Step 2. Selection of accounts to be tagged. There are 2 options to do it.

Option A: Tagging of all accounts per each Account tab type

Tick the box to select all the accounts under that account tab (all Asset accounts will be selected per example below) that you wanted to assign the tags.

Before ticking the box:

After ticking the box:

Option B: Selective tagging of specified accounts only

 Tick the box of the accounts that you only want to assign the tags.

Step 3. Then click "Assign tags" button to show the "Select tags" pop-up selection.

Pop-up selection window:


Step 4. Click the tag you wanted to select (sample below is "Non Business" tag) and then click "Assign tags" to update the tagging of accounts.


Related articles:

Understanding LodgeiT Chart of Accounts

Getting Started with Mapping of  Accounts

Preparing accounts for LodgeiT Chart of Accounts Taxonomy?

Basic Accounting Literacy

How to Ensure Accounts are Accurate

Understanding Accounting Reports

Cash vs. Accrual Accounting