There are factors you need to look into so you can change an account type in your QuickBooks Online (QBO), raghu. I'm here to help you accomplish this process.
Before we proceed, I'd like to ask what specific steps you have taken to determine that this account is incorrectly set up. Also, have you created this account manually or imported it? This way, we can give you a more specific resolution.
Please know that Creditors and Credit cards are two different accounts in QBO. Hence, it's not possible to modify them. At the same time, changing an account is only possible if an account isn't a default account in QBO. You can refer to this article for more information about the accounts you want to delete, edit, or merge: Manage default and special accounts in your QuickBooks Online chart of accounts.
Since making changes isn't available, I recommend creating a new account for your credit card group and inactivating the incorrect account. I'll walk you through the process of doing so.
To create one, here's how:
Once done, let's go ahead and inactive the other account to avoid difficulties. Here's how:
If you want to learn more about different account and detail types in QBO, you can read these articles:
You can tag me if you need help with editing an account in your QBO. Just hit the reply button if you have one.
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