Changing Types in Chart of Accounts – JCurve Solutions

Applies To

Product: NetSuite 2021.2

Changing the account type of a general ledger account record.

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	No	No	No
Accounts Receivable	No	No	No
Other Current Assets	No	No	No
Fixed Asset	Yes	No	No
Other Asset	No	No	No
Accounts Payable	No	No	No
Credit Card	Yes	No	No
Other Current Liability	No	No	No
Long Term Liability	No	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

Change in Account Type is made in Lists > Accounting > Accounts. Click Edit beside the account to be changed.
Modification of the Account Type of these system-generated accounts is not allowed by NetSuite. Account Type is grayed out even if there is no transaction posted against the account.
To transfer realized and unrealized gain/loss, as a workaround, create a new account and set the type needed then transfer the amounts of the realized and unrealized gain/loss account to the new accounts.