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How do I link a vendor to a long term liability beginning balance.

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Setting up a new company. Have a beginning balance in long term liability. But I cannot figure out how to link a vendor to this so that payments to the vendor reduce the long term liability.

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Level 12

"But I cannot figure out how to link a vendor to this so that payments to the vendor reduce the long term liability."


Banking menu > Write Check. Use the Vendor Name as payee. List what you paid for on this check: principal and interest.

Please see my attachment.


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"Level Up" is a gaming function, not a real life function.

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Level 12

"But I cannot figure out how to link a vendor to this so that payments to the vendor reduce the long term liability."


Banking menu > Write Check. Use the Vendor Name as payee. List what you paid for on this check: principal and interest.

Please see my attachment.


*******************************
"Level Up" is a gaming function, not a real life function.

View solution in original post

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Level 15

Try over here https://quickbooks.intuit.com/learn-and-support/

No such linking in ProSeries


ex-AllStar
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