Please guide me where I may get some tutorials to set up such default GL Accounts ie., Supplier Default Accounts, Item Categories Default Accounts.

Compare your chart sql template with the (FA 2.4.2+) one in my GitHub repo.

You will find that none of the official repo charts have the account number 50090001 (in both FA 2.3.x and FA 2.4.x) and that the default COGS A/c is 42090001 and is listed there as the default one in the sys_prefs table too.

Also check the Item Category defaults and lastly the default Items account as the suppliers default accounts.

Now it should work for future invoices.

joe

Supplier M-100 is set up as follows:

Accounts Payable Default GL A/c - 21010001 Accounts Payable
Purchase Account Default GL A/c - Use Item/Inventory/COGS Account

But when I process supplier invoice through Purchase>> Supplier Invoice, it gives the default GL Account as 11014001 which is Cash Restricted To Current Bond Maturity.

Should it not show 50090001 - Cost of Goods & Services Sold (Perpetual)??

Cheers!
TOR