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

[dennis-powning]

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.

[qbteachmt · Accepted solution]

"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.

[George4Tacks]

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

No such linking in ProSeries