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Kristyh1's avatar
Kristyh1
Trusted User
3 years ago
Solved

Trying to change a credit card to a Liability

I have a client MYOB and they have 2 loans set up as a liability but under a credit card.

 

I am needing to change these to a long term liability but get the below error message

 

You have cheques or deposits for this account in your files

 

Is there a way to switch this to a LTL?? 

  • Steven_M's avatar
    Steven_M
    3 years ago

    Hi Kristyh1 


    If you have used a bank/credit card type account as a Pay from account/Deposit to account on a transaction you would not be able to change the account type. 

     

    If you are needing to change that, deleting the transactions, updating the account, and then re-processing would be the recommendation. Alternatively, creating a new account and recording a journal to transfer the balance from the old to the new would be an option.

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  • Steven_M's avatar
    Steven_M
    Former Staff
    3 years ago

    Hi Kristyh1 


    If you have used a bank/credit card type account as a Pay from account/Deposit to account on a transaction you would not be able to change the account type. 

     

    If you are needing to change that, deleting the transactions, updating the account, and then re-processing would be the recommendation. Alternatively, creating a new account and recording a journal to transfer the balance from the old to the new would be an option.