QWESAS - G/L Options File Help Company Account Posting Segments Functional Currency CAD Use Account Groups Maintain Quantities Default Closing Account 4100 Finder - Accounts File Key Settings Global Settings Find By: Show all records Find Now Set Criteria Auto Search Control Acco... Allocations... Unformatted... Account Nu... S 4100 4100 Description Retained Ear... | Active Status Туре Structure Co... Retained Ear... ACC No No Allocation

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter7: Payroll
Section: Chapter Questions
Problem 1.13C
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Question

the error log shows 

 using sage 300 .

1 The Default Closing Account in G/L Setup Options is empty.
1 12 1 Close to Account is not a retained earnings account and must be. 

but i have already set it .

whats the problem with this setting ?

 

QWESAS - G/L Options
File
Help
Company Account Posting Segments
Functional Currency
CAD
Use Account Groups
Maintain Quantities
Default Closing Account
4100
Finder - Accounts
File Key Settings Global Settings
Find By: Show all records
Find Now
Set Criteria
Auto Search
Control Acco... Allocations...
Unformatted... Account Nu...
S
4100
4100
Description
Retained Ear... | Active
Status
Туре
Structure Co...
Retained Ear... ACC
No
No Allocation
Transcribed Image Text:QWESAS - G/L Options File Help Company Account Posting Segments Functional Currency CAD Use Account Groups Maintain Quantities Default Closing Account 4100 Finder - Accounts File Key Settings Global Settings Find By: Show all records Find Now Set Criteria Auto Search Control Acco... Allocations... Unformatted... Account Nu... S 4100 4100 Description Retained Ear... | Active Status Туре Structure Co... Retained Ear... ACC No No Allocation
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