This answer doesnt solve my problem. I'm trying to use our security deposit to pay our final rent bill - which is exactly what is happening. I made a journal entry to move the security deposit from the security deposit to prepaid (which showed in the account dropdown menu on bill pay) and I get the error message "something is not right". What exactly do I need to record as the journal entry in order to pay the bill. Since the monies aren't actually stored in a " bank account" per se, they're on our balance sheet as an asset, I'm not transfering those moneys to an account to pay the bill. So exactly which accounts should the journal entries reflect in order to clear the bill?
