Account opening and data entry

I created one account with code 76001 ( Investment ) . I am trying to enter a bank transaction which requires me to debit this account by an amount X . Somehow I cannot enter this account for data entry. Do I need to do anything more to make this account function. It is already categorized as Active.

Hey @Jaykar1 sounds like you have created a Control Account.

Unfortunately you cannot post to Control Accounts you may need to add a Sub Account or Normal Account. Check out our help page on the chart of accounts. If you require further help please reach out to our support team

Thanks

Anthony