on 2009 Jul 09 10:03 PM
Hi all. I'm Dave Russell, a new poster
I just attended BPI1 at Chico and am going through the entire set of exercises one more time. I'm in a bit of a rush since the server assigned to it, LOKE, is going down soon.
Gee, I hope I'm in the right place and if I am not would someone direct me to the correct forum?
OK, here's the issue. I have been sailing through the BPI1 book until I got to Exercise 96 -- Configure Automatic Postings for Goods Movement. Here you are setting automatic postings to two valuation classes for certain types of transactions related to good movement.
The first involved BS (Inventory Posting). For the valuation group set in Exercise 94, you are associating the Trading Goods account 721___ with Valuation class 3100 and the Operating Supplies account 740___ with class 3030. No problems here.
The next step repeats for GBB (Offsetting entry for Inventory Posting). It does much the same thin but adds in the Cost of Goods sold account (900___). But when you save, the following error is generated:
Account 740106 already used in transaction BS
The diagnostic for this states that "Accounts used in transaction BS (posting to asset balance sheet account) cannot be used in any other account determination.". I have a screen print if that would help.
It is clear what the error is, but not the solution. II know I did not encounter it in Chico, so I am probably doing something notably dumb. Can anyone help me get past this? I really can't use work-arounds since my students will be using the same text (now being updated by Tom Wilder).
Thanks, Dave Russell
Request clarification before answering.
If it is any comfort to anyone with a similar problem, the problem related to the Create/bank/interest tab in the creation of the accounts in Exercises 41 through 57. It is really important the the "Post Automatically Only" be selected or deselected as specified. By a quite circuitous route, I discovered this myself.
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