9 months ago
Fixing the incorrectly linked Inventory account
Hi
I have a client who had set up the linked account for Inventory as the asset account 'Petty Cash'
The Asset account for 'I Inventory this Item' - was set to 'Petty Cash' for a few months. It has been changed to 'Inventory Account' now to all the new items added.
There over 1800 items.
My question is
- Is there a quick way of changing the linked account to Inventory or do we have to do it individually for all 1800 items.
- Can we change the historical data - All the ones that got tracked to Petty Cash, can we do a Journal
Dr Inventory Cr Petty Cash - or any other way to move historical data out of Petty Cash