Account; cannot change Account Type once the Account has been opened

An Account's Account Type should be able to be amended to another Account Type of the same Product Type and Class once it has been opened.

Changes to the Account Type were simply ignored.

Note, you cannot change the underlying class of an Account, e.g. a Revolving Credit Loan Account cannot be changed to a Disbursement Account.

From the Account form, the list of Account Types is limited to the same Class and Product Type - meaning you cannot change it to another Class or Product Type. However, via a Script/ Business Layer you can change the Account Type to another Product Type within the same Class - but be careful of Product Type options like the Client's Account Role.

Note, if no Transactions have been entered for the Account it could be reset to a Quote and then amended to any Account Type.