QuickBooks is a full-fletched accounting solution for companies, and it offers the users the advantage of giving different type of accesses to different users. In fact, there are various account types in QuickBooks as well for different roles.

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Every accounting time type has certain different rights. And, a lot of time people might want to switch to a different accounting for any specific reason, and in this article we will discuss about the different ways related to: ‘How to change accounting type in QuickBooks’.

However, if you think you would need personal assistance for this, you always have the option to call our QuickBooks tech support helpdesk. Our Fastfix247 QuickBooks tech support team can be contacted very easily.

The process of changing account type in QB is a cakewalk!

If through the course of saving all the necessary transactions in QuickBooks, you finally identify that there is an account which actually should be reviewed as an asset, and it is being recorded appropriately, but instead as an income account?

You would surely want to rectify the issue as soon as possible. In order to solve the mess, you would have to swap the account type in QuickBooks. The very simple method of changing the account type can be completed by following certain troubleshooting steps.

Here are the steps to perform in order to change the type of account in QuickBooks:

-Open the QB accounting solution

Firstly, you would have to certainly open the QB accounting solution to move ahead

-Open the Chart of Accounts

You would have to access the account which you would like to switch by first of all opening the Chart of Accounts.

-Look for that particular Account

Now, you would have to first identify that particular account which you would like to switch. Once you find it, you would have to click on the option that says Edit Account.

-Do the required changes to alter the type of account

Lastly, you would have to perform the main steps in order to change the type of account which is presently set. This is done to rectify the type. You would have to click on the drop down menu which is present in the Account Type field. After changing, you would have to press Save. Then close it, when the changes are saved.

When looking for best possible reasons why the financial statements in QB do not appear rightly, the first place to find out is mostly the chart of accounts. The place is also significant to carefully deliberate the influence of the change on all the financials and ensure that you select the perfect method for correction.

You would have to always change the account type to make sure you are working correctly on the QB software.

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