Okay, thank you. Basically what I understood is that Inventory Asset is a default account and can't be modified and deleted. The other one called Inventory was set up by accident or for some other reason by the system or a person who helped me sign up. Because I can guarantee you that I was the only other person touching this service and I know I didn't enter it manually.
Looking deeper into Chart of Accounts I found there are a few accounts that are placed in categories that make no sense to me. One in particular stands out: Vehicle expenses. This account and its sub-accounts are placed as Other Expenses type but in my understanding Vehicle expenses are crucial to our business. In fact we couldn't do it without our service truck. Why was it placed under Other Expenses and not under Expenses? Maybe there is a good reason for it. Is this something you can help me figure out? Or do I need to post a separate question in this forum?
Thanks for your help!
