bank account type was entered wrong(should be liability not asset), how can i fix this without losin

Angela Field
Angela Field Member Posts: 2
edited April 2020 in Reckon One

Comments

  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited April 2020
    Hi Angela

    Bank accounts are asset accounts, are you trying to set up a credit card or loan account?

    How many transactions are involved over what period of time
  • Angela Field
    Angela Field Member Posts: 2
    edited April 2020
    its a loan account     and I ticked the wrong box,    and i have 3 months worth of transactions reconciled

  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited October 2019
    is 3 months 10 transactions, 100 transactions?

    I am thinking if a lot of transactions we maybe able to journal the lump sum you would then just make the old account inactive or if a manageable amount open them and change the account then you can actually delete the incorrect account.

    Would need to look at some reports or screenshots.
    Kim@kwikbooks.com.au