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How to solve – “Loss/gain account is not set up”

No account has been selected for registering losses and gains from POS365.

  1. In the Admin Center, go to Setup → Companies.
  2. Select the company.
  3. Open Menu → Settings.
  4. Select the appropriate account in Loss/gain account.
  5. Save the company settings.

Indepth guide link: "Posting setup"