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userhaider-ali
Level 1

How can i change the nature of account? I entered expense instead of asstes (inventory) i want to change nature of account

 
1 Comment
MaryAnn_E
QuickBooks Team

How can i change the nature of account? I entered expense instead of asstes (inventory) i want to change nature of account

Hello there, @userhaider-ali.

 

I'm here to guide you with changing an asset account to an expense account in QuickBooks Online. You can change the type or detail type associated with an account by following these steps:

 

  1. Select the Gear icon on the Toolbar.
  2. Under Your Company, select Chart of Accounts. Find the account to change.
  3. From the Action column drop-down menu, select Edit.
  4. In the Account dialog, select the new account type or detail type from the drop-down lists in the Account Type or Detail Type fields.
  5. Select Save and close.
  6. Select Yes in the prompt to change the account.

 

 

To learn more about changing account details in QuickBooks Online, please refer to this article: How to view or change account detail types.

 

Keep me posted if there's anything else I can do for you. Just add a comment below. Wishing you all the best!