Microsoft KB Archive/940799

= Error message when you try to receive a payment in Accounting Professional 2007 or in Accounting Express 2007: &quot;Payment method must be of type cash, bank, or credit card&quot; =

Article ID: 940799

Article Last Modified on 8/15/2007

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APPLIES TO


 * Microsoft Office Accounting Professional 2007
 * Microsoft Office Accounting Express 2007

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SYMPTOMS
When you try to receive a payment in Microsoft Office Accounting Professional 2007 or in Microsoft Office Accounting Express 2007, you receive the following error message:

Payment method must be of type cash, bank, or credit card.



CAUSE
This problem occurs because the Include in cash-basis reports check box is not selected for the cash account, for the bank account, or for the credit card account. This account is the account that is selected in the Deposit in field in the Receive Payment window.



RESOLUTION
To resolve this problem, follow these steps:
 * 1) On the Company menu, point to Company Lists, and then click Chart of Accounts.
 * 2) Right-click the cash account, the bank account, or the credit card account that you use. Then, click Open Selected Items.
 * 3) Click to select the Include in cash-basis reports check box.
 * 4) Click Save and Close.



MORE INFORMATION
For more information, click the following article number to view the article in the Microsoft Knowledge Base:

932399 Error message when you try to save a financial account in Accounting Professional 2007 or in Accounting Express 2007: &quot;Cannot change the 'Include in cash-basis reports' for this financial account&quot;

Additional query words: MOA

Keywords: kberrmsg kbtshoot kbprb kbmbsmigrate kbexpertiseinter kbexpertisebeginner KB940799

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