Posting problem

[tleverly]

I am trying to post a $400.00 payment for General Liability Insurance that we purchased before we started meeting at a new rented facility. Where exactly do I post this. I originally posted it under insurance 01-5910-000 which shows up as vehicle insurance. I am a novice at this please help.

[Matt]

Sounds like you need to set up a new account called "General Liability Insurance" in your Chart of Accounts to post this to.

[Jeff]

I can't really tell you how you should categorize an expense. But if you are using the default chart of accounts in version 9, there should be an account 5480 - Comprehensive Insurance that sounds like what you might want to use. The 5910 account you mentioned in your post is the insurance account in the vehicles group of the default chart of accounts.

If you want to the change the name of the 5480 so it better fits your needs, you can do so in the maintain chart of accounts screen.