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Why can't I change account type for cash/bank?

IzwebusrIzwebusr Member Posts: 12

I find these gratuitous limitations irritating. Why would Wave block the ability to change account type for cash / bank? Suppose a bank account is restricted for some reason (say, guarantee on a bond) and I no longer want to show it as a liquid asset. I can't change this because Wave think it knows all the answers.

in Wave Discussion

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  • JulianPJulianP Member Posts: 1,002 ✭✭✭

    Hey @Izwebusr !

    As you have noticed, once a cash/bank account is created on your Chart of Accounts page, you are unable to change the 'Account Type' field. Instead, you can create a new account and bulk transfer your transactions from your old account to your new account if you'd like. You can do this via your Transactions page.

    edited June 11, 2021
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