• The account is not used as the default closing account for the company, or a retained earnings account for any account number segment.

• The change will not cause the account to be in the wrong account group, if the company uses account groups.

• Account number

• You cannot change the account number.

To assign a new account number, you must add an account with the new number, transfer any account balances, make the old account inactive, then delete the account when it no longer contains account data for the period that you retain history.

• Account type

• You cannot change the type of an account that is specified as the Default Closing Account in the G/L Options form. To change the type for that account, you must first specify a new default closing account.

• Changing an income statement type account to a balance sheet type account will cause problems in your General Ledger if you post batches to a prior year for the account.

• Account group

• You can change the account group in an account record at any time.

• You can turn account groups on or off in the G/L Options form at any time. Any accounts that are added when account groups are turned off will belong to the Unclassified Account Group.

• Allocation option

You can change the information on the Allocation tab of the form at any time.

• Multicurrency option

You can turn this option on at any time, if you have installed the Sage ERP Accpac Multicurrency module. If you select the option for an account, you can post transactions to the account in more than one currency.

Once you turn on the option, you can specify that the account accepts transactions from all currencies defined in Common Services, or from specific currencies only.

• Quantity option

You can turn the Maintain Quantities option on at any time.

• Control Account option

• You can turn this option on at any time.

• You can add ledgers to the subledgers list if you use the account for more than one subledger. You can only post transactions from the specified subledgers.