Invalid asset account for inventory item error 

Issue

Invalid account type: For an inventory product, the inventory asset account must have Account Type: 'Other Current Asset' and Detail Type: 'Inventory.'

Resolution

The type of income account specified for the product has an invalid detail type that is not accepted by QuickBooks.

  • Make sure that the income account specified for the item in QuickBooks has the Type as Other Current Asset and Detail Type as Inventory.
  • One tip to find out a valid account is to check what default accounts are specified automatically in QuickBooks if you try to add an inventory product manually there. Then specify the same account in BMS.