HITB Setup warning Account type Profit and Loss (110)

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Posted on by Rick13

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I am trying to setup the HITB. I am getting a warning Account type Profit and Loss (110). The items in question are paid for with Advertising dollars, some are sold through our store others are just given away that is why we track them in inventory. Does anyone know if this warning will keep me from moving forward? If not will it effect the HITB report after I complete the install?

Or is there a better way to track these items and put the income to the Advertising account?

Thanks

Rick

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David Bader on at

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Hi Rick,

The Account type Profit and Loss (110) message relates to the following.

-The Inventory, In Use, In Service, Damaged, or Inventory Return account assigned to the item is set up as a Profit & Loss account in the General Ledger. Inventory accounts should have their balance carried over from year to year and be set up as Balance Sheet accounts. To change this, on the Cards menu, point to Financial, and then click Account.

The HITB FAQ document may help resolve your errors. You can access the document at the following link on CustomerSource. It is in the Downloads section of the page.

mbs.microsoft.com/.../mdgp10_hitb.htm

I hope this information is helpful to you Rick.

Please post again if we can be of further assistance.

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