I can't import inventory because I keep getting an error message. How do I assign inventory to an expense account that will work?

Hello, rory. 

I'd be happy to help you import your inventory into QuickBooks Online. Before we get started, could you please provide me with more information about the error message you received? This will give me a better understanding of the issue and allow me to offer the best possible solution. 

On the other hand, To properly assign an inventory to an expense account, it's necessary to create Products and Services and choose the Inventory option. Next, you'll need to provide all the necessary information and select the appropriate expense account type from the available options. While this process may take some time, it's crucial to ensure that your expenses are accurately tracked and managed. By following these steps, you can maintain a clear and organized record of your inventory and expenses.
 

Once you've finished creating an inventory item in QuickBooks Online, you can easily create a transaction and assign the inventory item to it. It's a simple process that can be done in just a few steps. Here's how you can do it:

1. Click the + New, then select Purchase Order. 
2. Enter all the information needed. 
3. Under Product/Service, choose the inventory item you've created associated with the expense account. 
4. Save and close once done.

To know more about how the Inventory feature works, consider checking out these articles:

• Set up and track your inventory in QuickBooks Online
• Add inventory products in QuickBooks Online
• What is FIFO, and how is it used for inventory cost accounting?

Please don't hesitate to contact us again if you require further assistance. Have a great day!