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??
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.
