# Reclassification

> Reclassification — Moving an amount from one account or line to another without changing net income or total equity — current portion of debt, a miscoded bill.

Source: https://lopifi.com/glossary/reclassification
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is reclassification?** In accounting, reclassification means moving an amount from one account or line to another without changing net income or total equity — current portion of debt, a miscoded bill.

## Words this system refuses for it

- adjustment unqualified

- **Category:** Close
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [cash-application](https://lopifi.com/md/components/cash-application)
- **Related:** net-income, account, equity, bill