Let me do the game over again real quick and then I'll tell you what you're missing.
By the way, what's the link to the crimson room again?
EDIT: Ok, you must place the CD case with the CD in it, the chilly beer, the incense, and that is it.
Also, you must have in your inventory, the picture with the girl's photo in it, the guys photo, the complete soul-collecting box, the bottle of medicine, the lighter, the key, and that little white paper with the brown squares on it.
Now, light the incense, then ring the bell...
EDIT: Damn, my beer got hot...
EDIT: I got it! Your problem is that you have the picture up on the dresser! You're not supposed to have it up, just in your inventory.
So just the CD+CD case, chilly beer, and incense.