Liability accounts

[Diane Stephens]

Can someone help me set up a Liability account, we have been using the program for at least four year now but have just recently built on and now we have a Mortgage. In place of a checking account, what do I use to show the loan amount owed, so that I can subtract the payments as they are made. I probably already know this but I am at a total blank right now. I have set up a Liability acct. and a fund balance account. Do I need an asset account to show the loan? If anyone has an account set up where you make a loan payment, would you please share the account numbers and details such as the type.DB or CR, category, etc. that you use to handle this type of account.
Thank you for any help you can provide.

[NeilZ]

Diane,

you may want to repost this in the Accounting forum, as some users that could help you would take greater notice of it there.