QuickBooks POS Financial Exchange Error

In the below article we are going to discuss this “QuickBooks POS Financial Exchange Error” Causes and its Solution. However, sometimes errors disturb your smooth-running business. QuickBooks Point of Sale financial exchange issue is one of the errors which can ruin your way to success.

QuickBooks is having a product that is POS that is used to handle business needs and used to record sales transactions. We too agree that QuickBooks become a lot difficult to handle when an error is thrown as you won’t know what the fix should be. Take for example QuickBooks POS financial exchange error you know that the POS error is caused due to a sync problem between the two software but you may not know what to fix. This is why we come into play.

QuickBooks Point of Sale system specially tailored to be used with QuickBooks Financial Software:

  • QuickBooks Pro, Premier, or Enterprise Editions

What is QuickBooks POS Financial Exchange Error

QuickBooks POS Financial Exchange Software seamlessly tracks your financial data. When there is an exchange of information between the two programs it reduces the work pressure as sales activities can be easily tracked in the QuickBooks POS system.

Data transfer between two programs occurs this process reduces the work pressure and you can easily manage and monitor the sales activities in QuickBooks POS. Then shift the data output directly into your financial software without entering the information a second time. Sometimes users can face the error “No money displayed in the inventory assets” while approaching QB financial software to run an inventory report.

One of the common POS financial exchange errors reported by the user is:

The user enters the inventory received in the software and when approaches to QuickBooks 2012 financial software to run an inventory valuation report, there is no money displayed in the inventory assets.

Causes of QuickBooks POS Financial Exchange

Though there can be a lot of reasons why you face QuickBooks POS financial Exchange errors but the most common causes include the following:

  • Activity Log error: The log file sometimes creates issues within the system. If you face such an issue then verify the Activity Log in Financial -> Financial Center. Check if you are facing any financial exchange errors. In case you face any error the log will prompt you what has gone wrong.
  • Mapping accounts: Check out if you facing issues within your mapping accounts. If this is so then verify the default mapping accounts set up in a File -> Preferences -> Company -> Accounts. The in-built inventory account is on the Basic tab, but in case you wish to check accounts on the Advanced tab while.

In case the above does not work, you can easily find the transactions created in QuickBooks from your receiving vouchers.

  • Select Purchasing,
  • Click on receiving History tab.
  • Choose one of the vouchers, and
  • Select the “I Want To… button”.
  • Now choose to “show Financial Details”.

How to Fix QuickBooks POS Financial Exchange Error

In case you encounter the QuickBooks POS financial exchange error status code 3180, then follow the steps suggested by Intuit to fix the error.

Ways 1: Activity Log Error

  • Click on Activity Log Financial.
  • Choose the Financial Center.
  • If you are not able to see the error it means it is resolved.

Ways 2: Mapping Accounts Issues

  • Select File Menu.
  • Click on the Preferences option.
  • Choose the Company option.
  • Now, Navigate the Accounts.
  • Match the Settings is Required.

Ways 3: If the error is still alive, Select this preference

  • Go to Purchasing.
  • Select the History tab.
  • Choose among the Vouchers.
  • Click the option, “I want to…button”.
  • Select the option, “Show Financial Details”.

Ways 4: Receipt Number

  • Search the receipt number which is shown in the error.
  • Browse the “Point of Sale”.
  • Click on Sales History.
  • Select the receipt and click on it.
  • Select Financial.
  • Click on the mark this document and after that click OK.

Ways 5: Financial History

  • Check the receipt number that was showing the error.
  • Choose POS.
  • Browse Sales History.
  • Click the receipt the error where show the error.
  • Select View Financial History.
  • Click on the mark this document and after that click OK.

If QuickBooks Point of Sale Financial Exchange Issue caused by conflicting sales tax rates

You need to edit the tax rates in QuickBooks Point of Sale…

  • Go to the File menu.
  • Then select Setup Interview.
  • Click on the Sales Tax tab.
  • Click on Edit and Change the tax rate.
  • Click Done.

QuickBooks Desktop Point of Sale Financial Exchange Error Codes

These error codes were encountered during a Financial Exchange between QuickBooks Desktop Point of Sale and QuickBooks Desktop.

Status Code 3000

List id is invalid.

Status Code 3140 or 3120

The account is invalid or users entered the wrong credentials.

Status Code 3140

Invalid reference to QuickBooks AR/AP Accounts in the receipt or bill.

Status Code 3412

The customer has an overdue transaction.

Status Code 3170

When trying to edit a vendor/customer list element.

Status Code 3180

When saving an Employees list.

Status Code 3260

No permission to perform this action.

Status Code 140109

Account lookup error.

Status Code 510

When performing Financial Exchange.

We hope the above steps help to solve the QuickBooks POS financial exchange error. Still, for any help or query connect with the QuickBooks Helpdesk.

If the error still persists then you must connect to the QuickBooks POS Consultant number. The qualified and experienced QuickBooks experts accord immediate resolution of the error. You can approach the QuickBooks error Consultant experts via email Consultant, live chat, or via a toll-free number.

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