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Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll

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Replying to:
khurrum.waheed@m
Level 2

Can i recategorize an expense account as an asset account while keeping all entries intact?

My company purchased a number of items while upgrading but all the entries are posted as an expense whereas almost all should be posted as an asset, so instead of posting all entries individually again in an asset account, can i just change the account type from expense to asset?

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