MJoy_D
Moderator

Banking

I can share some information with updating account types in QuickBooks, @Paddy7

 

In order not to mess your account, I highly suggest you check with your accountant before making any changes to your account types. 

 

Please take note of the following restrictions before updating the account type:

 

  • Accounts receivable (A/R) or accounts payable (A/P) accounts can't be changed to other account types, and other account types can't be changed to A/R or A/P accounts.
  • You can't change the type of an automatically-created account, such as Undeposited Funds or Sales Tax Payable.
  • If an account has subaccounts, its type can't be changed. You may be able to resolve this problem by dragging each subaccount to a new location.

 

Here's an article that'll further guide you in managing your company's accounts using QBDT: Learn about the chart of accounts in QuickBooks. It includes topics about adding or editing accounts and hiding or deleting them in the account. 

 

Let me know in the comments below if you have other concerns about managing business accounts and transactions in QBDT. I'm just around to help. Take care always.