Skip to main content

Notifications

Microsoft Dynamics SL (Archived)

General Ledger Chart of Accounts Maintenance

(0) ShareShare
ReportReport
Posted on by Microsoft Employee

We have an account in our chart of accounts that was set up with an incorrect account type.  We set it to 'income' and it should have been 'expense.'  The current GL month is the first time the account was used.  Can I change this account type?  When I tried to I got an error message about the account being in use by another part of the program.  Can I zero the account balance and then make the change?  Or do I need to move the dollars to a new account?

*This post is locked for comments

  • Suggested answer
    Mark E Profile Picture
    Mark E 6,405 on at
    RE: General Ledger Chart of Accounts Maintenance

    There are ways to accomplish this in the database, but it involves also changing the signs of GL Balances in History tables, which can get messy if proper care is not taken.  Best suggestion is your last question; create a new GL acct with the proper acct type, JE the old acct balance to the new acct, then set the old acct to Inactive.

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Announcing Category Subscriptions!

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Verified Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,359 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,370 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans