Editing the Chart of Accounts is done within the Parent Account
pane of the Edit Account dialog. It is possible to move an account to any
part of the Chart of Account. It is recommended to keep accounts generally under the related
types of accounts as described in Section 5.1, “Types of
GnuCash Accounts”. This helps to preserve the Chart
of Accounts structure.
To move the selected account to a different parent account just select the account in the Parent Account pane. If New top level account is selected then the account will be moved to the top level.