Cannot Create Item Beginning Balances

When selecting Create Worksheet/Enter Counts for Item Beginning Balances, we receive the error, "There are no items in physical inventory to display." We already have items set up. Why is this appearing?

The problem is likely that the items are not designated as existing at a particular inventory location. When adding or editing an item, be sure to visit Add/Edit Pricing & Location (menu button at the top of the page) and save data there. The system will create an entry for the item at that particular inventory location. The system won't let you enter any beginning balances until you have specified that items exist at that beginning balance Location.