Cause
The Purchase and Sell option is not set for your item.
Resolution
Within QuickBooks, edit the item and check the Purchase and Selloption. After you have checked the Purchase and Sell option, you will seePurchase Description, Cost, Preferred Vendor and Expense Account. The Expense account reflects the nature of the expenditure. If you onlysell the item or service, the expense account will never be used.
Each type of item has a different description for Purchase andSell option as follows:
Item Type
Purchase and Sell Option
Service
This service is performed by a subcontractor, owner or partner
Non-inventory Part
This item is purchased for and sold to a specific customer: job
Other charge
This is a reimbursable charge
After you have finished editing the items in QuickBooksre-synchronize with NumberCruncher.
