How to Fix QuickBooks Error to Deposit you Need a Valid Expense Account

You granted the user permission to generate and print checks. They also require permission to generate, modify & see a chart of accounts balances. Also, provide the permissions for creating and printing checks. Stick to the following steps:

🔷 You need to login to QuickBooks online 
🔷 Next, go to settings 
🔷 Locate company option and select it
🔷 Go to manage users 
🔷 Select the user whose permissions you need to change
🔷 Click Edit button
🔷 Select Company admin tab 
🔷 Finally move to the Next button

Now first of all create, modify, and then view the Account Balance.
Steps to create a new account to the Chart of Accounts:

🔷 Click on the Settings tab
🔷 Select the option Chart of Accounts 
🔷 Hit the New button to generate a new account
🔷 Click drop-down named Account Type
🔷 Select an account type
🔷 Hit drop-down labeled Detail Type, choose the detail type suitable to the transaction you need to track
🔷 Provide a name to the new account
🔷 Write the description
🔷 If there appears a sub-account in the previous account then choose Is sub-account tab
🔷 Fill the parent account
🔷 Make sure the account matches the real-life credit card and bank
🔷 Select when you need to start finance tracking
🔷 Click on the field named Balance, fill the amount in the field named Account and check As of the date
🔷 Fill Today’s date for instant tracking
🔷 Choose Save and Close button

There are several options to record bank deposits according to the entered transactions. We have several different ways for people to add funds to their accounts. They can choose from the “check the payments in the deposit”, “add other funds to the deposit”, QuickBooks payments, etc. The Bank deposits window contains the option to use the table to generate a new Deposit from scratch using the name, category of the account, amount, and to delete the deposit processing. 

Enter Payments into the field called undeposited Fund account.
Start recording the bank deposit in QB to combine payments with the below steps:

🔷 Open the home page
🔷 Choose to Make Deposits/Record Deposit
🔷 A window will be displayed namely Payments to Deposit
🔷 Click the Payments you need to combine
🔷 Hit OK button
🔷 On the Page named Make Deposits, choose the account you need to enter the deposit info from the drop-down named Deposit to
🔷 Verify the deposit total
🔷 Match the bank deposit slip to the account
🔷 Next use the deposit slip to understand the process
🔷 Fill in the date you have deposited at the bank
🔷 Add a memo as required
🔷 Hit Save & Close button

Chart of Accounts
● Create
● Modify
● View Account Balance
Checks
● Create
● Print