entering bills
When I enter a bill, I need to be able to choose if it is posted in A/P or another liability account. How can I add the drop down box to do this??
When I enter a bill, I need to be able to choose if it is posted in A/P or another liability account. How can I add the drop down box to do this??






If you are posting a bill to a liability account you would just choose that in the Expense drop down list. This would reduce the liabiltiy as it should. If this is a loan where interest is involved you would only want to post the principal to the liabiltiy and then the Interest to an Interest Expense account.
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As lgschwarz stated you may choose almost any account you want. But when you enter a bill you are creating an Accounts Payable, therefore you may not use Accounts payable as an option, NOR may you use Accounts Receivable.
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Julia
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