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New To NetSuite | Important Notes to Remember When Changing Account Types

edited Aug 26, 2025 7:39PM in Basic Accounting 1 comment

Account Type field is set up when creating an Account and could not be edited once saved. However, there are instances when the user needs to edit them.

Once the following accounts have been created and saved, the Account Type field can no longer be edited, even if there are no transactions yet.

  • Bank
  • Accounts Receivable
  • Other Current Assets
  • Other Assets
  • Accounts Payable
  • Other Current Liability
  • Long Term Liability Accounts

An enhancement has been filed to address this concern and is documented in Enhancement 22411 Accounts > Ability to edit an account's type and select any other account type, not just those on the same kind of financial statement (income statement accts, balance sheet accts)

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