Business Validation Error: There is no account associated with the Item "Item Name". It is marked for purchase and has an account associated with it?

QuickBooks Online > Intuit App Center - Transaction Pro Importer for QuickBooks Online
If you receive the following error:  Business Validation Error:  There is no account associated with the Item "Item Name".  It is marked for purchase and has an account associated with it?

You are receiving this error because you are importing an expense transaction that uses items and that item in QuickBooks does not have an expenses account.  See screenshot below.
 

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