USA QB 3140 error

[Joan]

Hi. I'm new to this forum but desparately looking for help. All of sudden I get a QB error message saying:

Could not create the expense. bill not entered for XXXXX - there is an invalid reference to Qb Account "Materials - Cost of Good sold" in the bill

how do I fix this!?????

 

[DTA93433]

I know from experience, when setting up Vendors, you may have the option of associating a particular G/L expense account to it. That maybe why you are getting an invalid reference error. Or it may be that this particular COGS (Cost of Goods Sold) account you're trying to use is inactive. These are just two guesses.