Is there a way to change from equity account to a liability

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fpcgreensburg
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Joined: Thu Oct 19, 2006 4:08 pm

Is there a way to change from equity account to a liability

Post by fpcgreensburg »

When accounts were set up through the accounting set up wizard. I set up the accounts as temporarily restricted and I guess that is how they became an equity account. Our accountant told me they should be liabilities. That is how they are set up in our former software program.

Zaphod
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Post by Zaphod »

You can't change an account from one type to another. You would just create a new liability account and use that.
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