Account number for transaction type vendor balance does not exist

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Posted on by Johnny

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Hi,

We have new entity and when we I try to post Expense, I'm getting "account number for transaction type vendor balance does not exist" error.

I've seen several posts with same error message, but can't understand what exactly to check.

Could you please let me know what setup exactly I need to look at?

Thanks.

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krishna.rao@dax 3,006 on at

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you may not setup the summary account for the posting profile in Account payable.

Vendor posting profiles

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Johnny 6,478 on at

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Hi,

thanks for reply.

as I see we have same setup in other companies too for posting profile and in other companies its working

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Ludwig Reinhard Microsoft Employee on at

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Hello Joni,

Can you double check whether the vendor that your try to post the expense for is associated with one of the vendor groups setup in your posting profiles?

In addition, can you check that the posting profile is setup and linked in the Accounts Paybles Parameters (Ledger and sales tax tab)?

Best regards,

Ludwig

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Prashant Singh 8,802 on at

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Dear Joni,

Additionally please check

1. if you have selected posting definition check mark in GL parameter setup. Not required if you have vendor group posting profile.

2. If you included these control account in account structure make sure its active or just refresh the account structure setup.

Regards,

Prashant Kumar

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Hossein.K 6,648 on at

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Hi,

path is same. AP>Setup > Vendor posting profiles. in the setup tab you need to create the summary a/c and assign this posting profile at AP parameters > Ledger & sales tax tab > posting profiles field.

if you're not able to view this form... then go to AP>setup > AP parameters > ledger & sales tax > have a posting profile field > right click on it > view details .. it will take you to AP vendor posting profile.

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