If you are a QuickBooks user and work on QuickBooks Point of Sale, you may experience the error code 100060. As per this error, the system cannot prepare the needed accounts. This article will discuss QuickBooks POS error 100060 in detail. Although there are several reasons for this kind of error, the great thing is that it can be fixed by following some basic guidelines in the QuickBooks financial software.

What is the QuickBooks Error 100060?

This is a common problem with QuickBooks POS, known as error code 100060, in this issue, the system fails to generate the required QuickBooks accounts in this specific issue. This typically occurs when you attempt to conduct a money transaction for the first time on any account. You will have to scroll down to see the solution.

Why Does QuickBooks POS Error 100060 Occur?

There are two key reasons why the QuickBooks POS error 100060 occurs and hassles users:

Your particular account in QuickBooks Point of Sale is active during the time of the first financial transaction.
The user who signed in lacks adequate QuickBooks administrator permissions.

Error 100060: QuickBooks POS Could Not Create Some Necessary Accounts

Now that you know about the causes of the error, let us learn about the symptoms of the error.

What are the Symptoms of the QuickBooks POS Error 100060?

There are several ways that QuickBooks POS error 100060 presents itself, therefore it’s important to be able to identify them quickly. System crashes, slow performance, and QuickBooks freezing are possible symptoms. Users can take proactive steps to resolve the problem before it worsens by being aware of these indicators.

Not to mention, it’s critical to comprehend how QuickBooks Point of Sale error 100060 may affect your company. Among the outcomes are potential disturbances to daily operations, data loss risk, and delays in financial reporting. Now that you are aware of both the causes and symptoms of the QuickBooks error code 100060, let us now learn about the ways to fix this technical problem.

Steps to Fix the QuickBooks POS Error 100060?

To fix the QuickBooks POS error 100060, you need to implement the steps given below:

Keep using Account Numbers
Sign in as an Admin
Create a New Account

Step 1- Keep using Account Numbers

Open the QuickBooks Financial software
Choose Edit, click Preferences, and then navigate to Accounting
Navigate to the Company Preferences tab and then you need to clear the Use account numbers checkbox
Press OK
From the QuickBooks Point of Sale, execute a Financial Exchange
Navigate to Edit and then click Preferences and then Accounting
Now press on the Company Preferences tab and choose the Use account numbers checkbox to activate the account number feature again
Press the OK button

Step 2: Sign in as an Admin

First, Shift to the file menu and select Close Company/Log Off
After it is done, sign in to the company file as Admin
Next, Shift to the Window Menu and select Close All
In the next step, go to the file menu on your particular QuickBooks Desktop point of sale
Now select Preferences and then click the Company option
Next, you need to choose Accounts under Financial. Not to mention, you further need to make sure all the accounts that are below basic and advanced tabs do not have any brackets
If there is any accounting field with brackets, but you fail to locate the right account from the specific dropdown list, then just create the particular account in your QuickBooks Desktop
It can be done by moving to the Lists menu on QuickBooks Desktop and selecting the option, Chart of Accounts
In the Account dropdown, select the Next tab
Now, Select the right account type, and then press Continue
Add the needed information and select Save and Close
In the QuickBooks POS, close and then open the Company Preferences screen again. Choose Accounts and check both the Advanced and Basic tabs. Ensure there are no brackets this time.

Step 3: Create a New Account

In case you came to know that the accounts have brackets still now, and you have failed to locate the right account, then it is possible to create a new account in QuickBooks, with the help of the steps below:

Navigate to QuickBooks and press Lists
Now select Chart of Accounts
Press on Account on the left lower side of the window and select New
It will open the account types you wish to open
Now select the right account type and provide a name for it. Enter the needed details
Press OK and then select the Chart of Accounts.

We hope that after reading this article, all your queries regarding the QuickBooks error 100060 have been resolved. Still, if you have any additional queries or for any kind of further assistance, you can connect with our QuickBooks error support experts. Our experts are at your disposal always and will help you fix the problem with ease.

Frequently Asked Questions

How to Set up Point of Sale in QuickBooks?

You can prepare a purchase order in QuickBooks Desktop for Windows with the help of the steps stated below:

If still now you have not, turn or Purchase Orders
Next, shift to the Suppliers and select Create Purchase Orders
Next, in the Supplier dropdown, select the supplier for whom you wish to create a purchase order
Add the remaining of the fields and include the items you wish to order

What are the Best Practices for QuickBooks Maintenance?

Often, prevention is the best medicine. The main tactics include creating regular backups, updating software and systems, and putting security measures in place.