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Intacct Sync Error: Your journal APJA is currently set to 'Accrual' reporting method which is not allowed for this transaction. The journal needs to be set as 'Both Cash and Accrual' reporting method in order to post your transaction.

Error

Your journal APJA is currently set to 'Accrual' reporting method which is not allowed for this transaction. The journal needs to be set as 'Both Cash and Accrual' reporting method in order to post your transaction

 

Explanation

This error occurs when the APJA journal reporting method is set to Accrual, but the transaction requires it to be set to both Cash and Accrual.  

 

 

Solution

  1. In Intacct, go to General Ledger > Journals > Add 
  2. Create the following two journals: 
    • ICR-"Inter Company Receivables" (Type = Cash & Accrual) 
    • ICP-"Inter Company Payables" (Type = Cash & Accrual)
  3. Next, go to Company > Subscriptions
  4. Click on Multi Entity Console 
  5. Scroll to the bottom of the page 
  6. Place the ICR and ICP Journals in the Payables Journal and Receivables Journal fields.
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