@atlas_healthcare
"someone told me"
If that person wasn't your CPA/tax accountant, leave the bills in Accounts Payable (A/P). The problem with moving a bill out of A/P and into a long-term liability account, is that you can no longer use the Pay Bills function. That only works for bills in A/P. Again, long-term liabilities are only for debts that are not due in the next 12 months - 5 year loan payable balances, mortgages, etc.
