Error Changing Class Code of GL Account

Issue/Symptom/Question

When changing the Class Code of a General Ledger Account from Asset to Expense I received the following error:

Account #### has a current balance. Therefore, you cannot change its type or status.

Applies To

PENTA for Windows > Finance & Accounting > Setup > Accounts > Chart of Accounts

Resolution/Fix/Answer

If you experience this problem please submit a Service Desk ticket and reference this article.  Please provide the following information in your Service Desk ticket:

  • Account Number trying to update