This form allows to rename built-in Inter Account Transfers account.
To access this form, go to Settings, then Chart of Accounts, then click Edit button for Inter Account Transfers account.
The form contains the following fields:
Name of account. The default name is Inter Account Transfers but it can be renamed.
Enter code of the account if desired
Select group on Balance Sheet under which this account should be presented.
Click Update button to save your changes.
The purpose of this account is to faciliate inter account transfers.
For more information see: Inter Account Transfers
This account cannot be deleted, it is automatically added to your Chart of Accounts when you have created at least one bank or cash account.
On reports, if this account's balance is zero, you it can be hidden if your reports are set to Exclude zero balances.