To edit an existing general ledger account:
- Navigate to Accounting > Chart of Accounts.
- Click the name of the account you want to edit.
- Make your changes.
You can edit the name, so if you want to add numbers to your chart of accounts, it's easy to do. Simply add the number to the beginning of the account's name. For example, Late Fee Income becomes 4001 Late Fee Income.
When editing accounts, you are not able to change to a different account type. If the account was originally added as income and you want to change it to an expense account, you'll need to delete the old income account and add a brand new expense account.
- When you're done making your changes, click Save account to add the account and return to the Chart of accounts page.