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March 14, 2024
Question

Transfer of account (chart of accounts)

  • March 14, 2024
  • 1 reply
  • 0 views

I'm about to transfer the account from current liabilities to long term liabilities but it shows a notification?  Is there would be a problem if I select yes? 

1 reply

Candice C
March 14, 2024

Hey there, @Charm25

 

It's great to see you back in the Community!

 

Depending on what transactions you have listed in this account will determine if the accounting and reporting will be affected. 

 

To be sure that this action would be best for your business, I recommend consulting with your accountant. They'll be able to give you the advice you need. 

 

If you have any other questions, don't hesitate to ask. Bye for now!