When trying to import my QuickBooks .iif file, I get the following error: You cannot associate an item with Sales Tax Payable, Undeposited Funds, accounts receivable, accounts payable, or non-posting accounts. Usually, if you sell the item, use an income account; if you buy it, use an expense account. What can I do to import successfully?
This error is often the result of trying to associate an item with an account that was established by QuickBooks upon installation. If you are attempting to post sales tax to the Sales Tax Payable account (which is established by QuickBooks), remove the Item Name in the Sales Tax Section found in Orders/Export/QuickBooks Preferences and try again.