I have my LOC set up as "Other Liabilities". When I go to reconcile, and add the interest, my expectation is that it would increase my liability. Instead it treats it as a reduction of liability. It also creates a Journal Entry, which is confusing to me. If I understand this correctly, it is trying to pull funds from another account.
I just want to add interest to this account. Can someone please suggest the correct way to do this, or help me understand why this current way is correct?
Thanks in advance
