5 Replies Latest reply: Jul 2, 2013 1:26 PM by AbHi27 RSS

    Changing Account after it has been used in journals

    Corney


      What is the impact on an FSG for net income when a Liability account have been setup with the type of Expenes?

       

      The User guides states 'Changing the account type does not change the account type of existing GL accounts.'

       

      If we go an update the accout type from Expense to Liabiltiy, does this mean the account is marked as expense and we have to create a new one?

       

      Thanks

      Cornelia