Hi, How do I add an account in liabilities for a new loan addition? How do I make it appear in my drop down menu when I add a new transaction? I tried to do it in set-up and chart of accounts but cannot make it appear on the drop down. Thank you in advance
ADMIN RESPONSE
Feb 10, 2025
Hi Seraina, when you go to add your new loan account make sure that were it says "Account Type" that it's a loan instead of a liability. You may have to delete the one you just recently added and re-create the account so that it's set up as a loan.
