Hi there, atlas_healthcare.
You can count on me to help switch a bill to a long-term liability in QuickBooks Desktop.
You have the option to create a Journal entry by debiting A/P and crediting the long-term liability account. However, this action is applicable if the bill is due in 2025 or later.
Another way is to record a bill credit with the current date and use the desired long-term liability account as the expense. Then, you can utilize the pay bills function to apply the bill credit to the bill, effectively paying it off.
In addition, you can generate various reports that offer diverse viewpoints on the performance of your business. These reports can provide detailed insights into different aspects of your business operations, such as sales, finances, and customer and vendor engagement.
If you require further assistance managing vendor bills or related matters, reply to this thread. I am here to support you at any time.
