Cannot create the correct hierarchy of accounts, need to reset opening balance afterwards

Question

Hello,

I am a student working on an assignment. I am trying to set up a hierarchy of accounts as given in the problem statement, but MYOB is not allowing me to change the account type and level of both the sub-header and detail account. Please see the images attached.

Once I can correct the hierarchy, I will need to reset the opening balances as well. Kindly help.

Princess_R · Answer

Hi @NinadJane,

Welcome to the Community Forum!

Once you create a category and select its type, it becomes locked and can't be edited. If there are already transactions recorded against the category, you won't be able to modify it. In such cases, you'll need to create a new category with the desired type and level, then transfer the balances. For more details, check out this Help article: Adding, editing, and deleting categories.

Cheers,

Princess