Skip to content

NEWQBO.COM

  • Home
  • Our Services
  • Video Tutorials
  • Ask Question
  • Test Drive
  • Advertise With Us
  • Help Questions
  • Donate Few Bucks for QuickBooks Help

How do I change the account my product and service item is associated with on the Chart of Accounts

How do I change the account my product and service item is associated with on the Chart of Accounts

To change which account a Product/Service item is associated with on the Chart of Accounts:

  • Click the Gear icon > Products and Services.
  • Click Edit to the far right of the product or service item you want to edit.
  • From the Income Account drop-down list, select the new account you want for Income account.
  • If you want all previous use of the item to be changed for non-inventory and service items, select Also update this account in historical transactions. This box becomes available only after the Income Account field is changed. This will not work on Inventory Items.  It would not change if you old invoices are associated with the inventory item. You would need to go into your old invoices one at a time, and change to the new inventory item.

If you have already changed the account (missed, Also update this account in historical transactions box) but have not changed the past transactions and want them changed:

  • Click Gear icon > Products and Services.
  • Click Edit to the far right of the product or service item you want to edit.
  • any other Income account (or previous account) from the drop-down list.
  • Click Save.
  • Go back and click Edit again.
  • Change the account back to the correct one.
  • Select Also update this account in historical transactions. (This box becomes available after the Income Account drop-down is changed.)
  • Click Save.
Also update this account in historical transactions

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Like this:

Like Loading...

Related

Published October 18, 2017By admin
Categorized as Products & Services Tagged Also update this account in historical transactions, edi non inventory account, edit account for inventory, edit item associated with on Chart of Accounts, edit products and services, edit service item

Post navigation

Previous post

How to record sales tax refund check from Tax Agency in QuickBooks Online

Next post

QuickBooks Win App – What’s New




Our Top Posts

  • Chart of Accounts - Listing of available Account Types and their associated Detail Types
  • Test Drive
  • How do I view or print previous bank reconciliation reports in QuickBooks Online QBO
  • QBO Educational and Instructional blog
  • How to record Prepaid Unearned Income? How to convert this Prepaid Unearned Income to Revenue Income when it becomes Earned Income?
  • Add Match Transfer in QuickBooks Online Banking
  • Compare Features and Usage Limits of QuickBooks Online Plans - Advanced, Plus, Essentials, and Simple Start
  • How do you put your QuickBooks Online onto a flash drive?
  • How to record forgiveness of debt loan by vendor and bank in Quickbooks Online
  • How do i reprint paystubs in new QuickBooks Online?

Our Recent Posts

  • We have 3rd party app Revel sync with QBO. We have experienced an anomaly with the deposits duplicating — one in the revenue income account and the other in the Undeposited Funds account. How to resolve this?
  • How to Record Consignment Sales on Consignee’s Books in QuickBooks Online
  • Cash Flow Dashboard Widget in QuickBooks Online
  • I have already set up a class in QBO. How do I assign Payroll to that Class?
  • How do I record fully-owned fixed asset equipment that has been sold for cash?
  • QuickBooks Online: Employees and Payroll Helpful Articles
  • How to cancel the QuickBooks Online QBO subscription
  • How to record forgiveness of debt loan by vendor and bank in Quickbooks Online
  • Intuit Aid Assist Website – Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL)
  • Tags in QuickBooks Online QBO – Tracking County Sales, Out of State Sales, Sales to Pay Rep Commissions
  • How can I make batch changes to categorized transactions without having to go through and click every single one of them in my register
  • How do I match a batch deposit for payment of an invoice and vendor refund deposit?

Search our website

Popular Questions

  • How do I view sent emails for Invoices in Quickbooks Online asked by Carl
  • How do you record a loan payment for a fixed asset? asked by Anonymous
  • How do I add a new "Detail Type" category to the chart of accounts? asked by Rebecca
  • How to run customer sales report by City / State in QBO asked by Anonymous
  • In QBO, how to you delete a recurring Journal Entry? asked by Anonymous
  • how to change sale receipt number asked by Anonymous
  • How do you delete a Project in QuickBooks Online asked by Fred L.
  • Credit Card with mutiple Sub-Accounts asked by Cynthia Russomanno
  • Missing bank transactions in QuickBooks. asked by Maggie
  • Missing beginning balance data on Statement for Cash Flow by Month or Quarter report asked by Anonymous
  • Home
  • Our Services
  • Video Tutorials
  • Ask Question
  • Test Drive
  • Advertise With Us
  • Help Questions
  • Donate Few Bucks for QuickBooks Help
NEWQBO.COM
Proudly powered by WordPress.
%d bloggers like this: