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simone3
Level 1

How to record a transaction using accrual method? Eg: August Salary , paid in September. In august is a current liability, then, when paid it becomes an expense.

To record salaries, I've been suggested to use "bills".

While I try to record a "bill" for salary using the category wages expenses, the system automatically record related liability under the generic "account payable". In my case, our accounting standards, would need to record "Unpaid salaries" using a customized account under "current liabilities".

Is it possible to customize this?