Changing Types in Chart of Accounts

If the Type is editable, for that Account,  it will let you select another account type. If it is not selectable then you won't be able to change it.

The following chart describes the default behaviour of GL account type changes in NetSuite.

Account Type

Possible to Change Account Type before Transactions are posted

Possible to Change Account Type before Transactions are posted and Foreign Currency Enabled

Possible to Change Account Type after Transactions are posted

Bank

Yes

No

No

Accounts Receivable

No

No

No

Other Current Assets

Yes

No

No

Fixed Asset

Yes

No

No

Other Asset

Yes

No

No

Accounts Payable

Yes

No

No

Credit Card

Yes

No

No

  Other Current Liability

Yes

No

No

Long Term Liability

Yes

No

No

Equity

Yes

No

No

Income

Yes

No

No

Cost of Goods Sold

Yes

No

No

Expense

Yes

No

No

Other Income

Yes

No

No

Other Expenses

Yes

No

No

Deferred Revenue

Yes

No

No

Deferred Expense

Yes

No

No

Unbilled Receivable

Yes

No

No

 

Note:
System-generated/embedded accounts are exposed once a feature is enabled in Netsuite (i.e. Deferred Expense if Amortization feature is enabled).

Modification of the Account Type of these system-generated accounts is not allowed by NetSuite. Account Type is greyed out even if there is no transaction posted against the account.

If you really need to change the type, the best practice would be to  create a new GL account and then do a journal to move the balance over to the new account. Then make the old account inactive. 

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