Other way of account classification is account tagging.
Step 1. Go to your "Financials" tab select "Accounts"
Step 2. Tick the box of the accounts that you want assigned the tags. Then tap the "Assign Tags"
Step 3. Select the tags that you want to assign.
Related articles:
Understanding LodgeiT Chart of Accounts
Getting Started with Mapping of Accounts
Preparing accounts for LodgeiT Chart of Accounts Taxonomy?
How to Ensure Accounts are Accurate
Understanding Accounting Reports