I have a LOC set up as a Long Term Liability. My problem arises when I get a statement showing the interest charge. When I enter this as a bill it does not show up on the account but when I pay the bill it shows up as a payment. The monies that we transfer in and out of the account show up properly but since the interest does not show up except as a payment there is no way to match it - my reconciliation is always wrong. What am I doing wrong?
