reclass account type
Hi ,
Can we re-class Expense account to Cost of Sales account? We have multiple Financial Years closed
Thank you,
Forum Discussion
Hi Nincha,
If an account is already set as an expense account, you can't change it to another type of account directly. It's best to create a new account with the desired type and then inactivate the old account. For proper handling of values from previous financial years, it's advisable to consult an accountant.
Feel free to create a new thread if you need any other help.
Thanks,
Genreve
