Anyone know what is the root cause of this message “Only Parent can be of type Direct Income” when creating a company? Thank you
Are you creating a child / subsidiary company under a parent?
It seems Parent company income GL account type is not set properly and that is what is stopping you to create a new company with same chart of accounts.
The direct income GL account is a parent account for which you can set account type as direct income only. It cannot be set for a child GL account as shown in below screen shot. The account type has to be income account for all child GL accounts.
1 Like
Yep I just set the account type to empty and set back to Direct Income just to allow create a child company. Thank you this is actually the solution.
1 Like