ISSUE: We have two instances where unfortunately the wrong account type was selected when setting up a G/L account in a previous fiscal year (one was 2019 and one was 2021) . The accounts had Revenue/Expense checked off when they shouldn't have been, and therefore our opening balances are not carrying forward. Is there a way to easily change/update this so that the opening balances carry forward correctly in the 2023 fiscal year?

 

Ticket

78140

Error

N/A

Causes

G/L account(s) not flagged correctly (asset/liability vs. revenue/expense)

Solution      

Reopen the affected year(s), flag the account(s) correctly and rerun year end