Initial Balance - Unknown third-party account and waiting account not defined. Blocking error

Hi Folks, we’re a manufacturer testing out Dolibarr to replace our existing Account software.

“Unknown third-party account and waiting account not defined. Blocking error” is showing up on transactions for initial balance entry on bank account. What exactly does this mean? What is the remedy?

Thanks

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MY FIX: define the “Accounting account of transitional bank transfer” in the ACCOUNTING–> SETUP --> DEFAULT ACCOUNTS

Mine same problem. I cannot register transactions to the ledger because of this.