I want to change the account type and detail type of an existing account from "Bank"/"Savings" to "Other Current Assets"/"Investments - Other". There are already transactions posted against this account. When I attempt to make the change in Quickbooks Online, I get the message:
“This account is being used on a Check, Deposit, Payment or other transaction where an account of type 'Cash' or 'Undeposited Funds' is required. You must locate and change those transactions to use a different Cash account before you can change the Account Type of this account. To find the transactions using an Account, run an Account QuickReport, or use the Account Register.”
So I'm trying to figure out what all of my options are here. Can I modify the transactions to allow the existing account to be converted? Or would I be better off creating a new account? (And for this option would I be able to re-add the account while the old one still exists or would I have to delete the old one first?)