Would there be a benfit to doing it the way you suggested? I could likely save time and simply overwrite the formula with the account description. I was hoping there'd be a way to make all changes in one place (Account Groups), and have it propagate throughout the statements (using F9).

Here's the crux: If I decided to create a new account called "Other receivables" and create a new account group, How would I insert this account group into the FS statements without re-doing the FS? How could I "drag and drop" this single group into the existing FS?