It’s nice to see you in the Community, MDmeow.

Allow me to chime in and provide some insights about re-mapping of accounts for products and services.

When you change the income account for inventory items, it only affects new transactions. If you wish to update past transactions, create a new item with the correct income account and use it to replace the old item. Let me help and show you the steps.

Here’s how:

1. In your company, Go to the Sales menu on the left panel to select Products and Services.
2. Tap the New menu to open the Product/Service information window and then choose Inventory.
3. Fill in the fields with the correct information about the item.
4. Make sure to select the correct income account.
5. Press the Save and close button.

To update the invoice:

1. Go to the Sales menu and choose Invoices.
2. From the list, pick the transaction you’re working on.
3. On the Invoice page, choose the delete (trash can) icon at the end of the line of the old inventory item.
4. Add the newly created product.
5. Hit the Save button.

Do this for the past transactions you want to update. For service and non-inventory items, mark the Also update this account in historical transactions box. Doing so will update all transactions that uses the item.

Here’s an article that covers all the instructions on how to update the income account for products and services. It includes the steps on how to resolve when past transactions account is not updated: Change the account for a product/service item.

You can bookmark the following links for future references. These resources provide an overview of how to perform the following tasks.

• Change product and service item types
• Add product and service items

Stay in touch if you have other concerns or questions. I’ll be around to answer them for you. Wishing your business continued success.