I have set up the asset valuation account as an asset account and not an equity account. Is there any way I can change it from asset to equity?
Just go to the chart of accounts (Ctrl A) find the account and right click - edit - change type to Equity account
Check out the latest important info & announcements for Reckon Accounts Hosted
Each Reckon software has its own dedicated category on the Community. Click below to browse all categories.