cancel
Showing results for 
Search instead for 
Did you mean: 
Steve Cannon
Level 1

Insurance Agency set up with payable to insurance company

I am an insurance agent. I am trying to set up and insurance company to pay premiums on behalf of the consumer. Quickbooks will only allow me to record the payment to the insurance company as an expense. I need it to be a payable. Is there anyone out there that is familiar with insurance Agency specific needs?

1 Comment 1
Rustler
Level 15

Insurance Agency set up with payable to insurance company

I'm hoping this is just a reaction to the software.  When QBO lists expense as the area for a payment, what they mean is reason.

 

I pay down liability accounts all the time by putting the liability account name as the expense and the amount

Need to get in touch?

Contact us