Hi farmgirlkent69, So you could certainly create a chart of account(liability) to put them in with an open balance of the amount that was owed in Jan and for example do a journal entry decreasing the bank account and reducing the liability so that will then show on the balance sheet for the liability and asset(bank account) However that would not show against the suppliers themselves so the best option is to do a journal entry affecting the creditors.
To do this you could create an open balance on each supplier as of Jan 2020 using the journal entry feature which is in the + icon in the top right(you can put a date on journal entries). It is a case of then using open balance equity on one side of the journal and creditors on the other side>then selecting each supplier name against the word creditor for example line 1, 2,3 4, etc would be creditors just selecting a different supplier name and account and typing in the amount and then the final line would be open balance equity(sometimes called retained profits balance forward) which would be on the other side of the journal and it will total up that side to match the creditor's side with the total. Once done you can do another journal entry like the first one decreasing the bank account and then decreasing the creditor(again naming each supplier) I take it the VAT returns are up to date and you are not looking to do VAT return from Jan in QuickBooks? If you are unfamiliar with journal entries it may be worth speaking to an accountant to help or we can go through them in more detail here but it is worth checking your accountant is happy for you to record this in this way.
It really depends on what you need to have recorded(do you want expense accounts/products services to be impacted for example) f you need any help on this further please do not hesitate to come back here.
