Can we move account group from lower level to higher level

Hello Experts,
I have now 1 level hierarchy in our organisation. Now we are planning to move from 1 level to 4 level.
Now our problem is all sold to party (c002) and ship to party ( 5103) has same account group.
We are going to assign sold-to-party and ship-to-party 4th level. So can we move sold-to-party account group to 3 level hierarchy account group ?
we want to discout to customer at some level . so how we have to give discount at particular level ?
Thanks in advance.
Best Regards,
Zubera

Dear Shridar Udupi,
Could you be kind enough to let the forum know how the issue was resolved which would help others learn.
With best regards.
Venkat - Hyd

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Can we move account group from lower level to higher level

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