Issues Importing PSD into Avid

Importing PSD files from Photoshop CS may result in an error saying: The layered Photoshop file was not saved with a composite image. The problem is caused by a setting within Photoshop CS. There are a few simple steps to resolve this issue:
1.Open Photoshop and go to the edit menu>preferences.
2.Under preferences choose File Handling.
3.Under File Compatibility make sure Maximize PSD File Compatibility is set to Ask or Always. Click OK.
4.Now resave your document and re-import back into Avid.
