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To show the bill as paid and increase your liability account, you can follow the steps given by my colleague @CharleneMae_F. To open the Purchase Order (PO) to link it to the bill. Then, followed by creating a liability account so you can enter it.
Also, I encourage checking our Help articles page to learn some tips and tricks in managing your QBO account. From there, you can read great articles that can guide you through the steps by steps process.
Stay in touch with us if you have other questions. We're always here to help. Take care!