Hi guys
im not sure if i have set up insurance correct in myob essentials
we have funding for the insurance and it is paid monthly
i have created a loan in the current liabilities section then made payments onto it which match the bank feed,
so we have 8 payments of $1134 one coming out each month,
I am thinking i also need to record the expense of the insurance in my expenses but not sure how to pay the expense if i did.
i cant use "spend money" as it hasnt been paid from the bank account - please can someone assist