Is there a way to change from equity account to a liability
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fpcgreensburg
- Posts: 6
- Joined: Thu Oct 19, 2006 4:08 pm
Is there a way to change from equity account to a liability
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.
