New: Change Account Type
We’ve updated the edit account tool on the Chart of Accounts page to allow movement between different types (with some restrictions).
To change the account type click the edit icon:
Then select the account type you want to switch to from the drop-down and Save:
Note: Due to the way the system is built, movement is only allowed between certain subgroups:
- Expected Payments from Customers & Depreciation and Amortization
- Vendor Prepayments and Vendor Credits, Inventory, Property, Plant & Equipment, Other Short-Term Assets & Other Long-Term Assets
- Accounts Payable & Due For Payroll
- Due to You and Other Business Owners, Customer Prepayments and Customer Credits, Other Short-Term Liability & Other Long-Term Liability.