Quicken cannot do double entry accounting.

I am using a Windows PC. I am trying to enter accounts payable transactions using the Bills & Reminders screen in Quicken 2019. If I enter a bill to be paid in the future, Quicken does not make the corresponding offsetting entry to the Liabilities section (Accounts Payable) of the balance sheet. After one phone call and five chats, I am finally told Quicken does not have the ability to automatically record the transaction to the Liability section of the balance sheet. It pretends to have a liability section but does not record significant entries to liabilities section. Apparently, “Bills and Reminders” has nothing to do with recording short term liabilities, e.g. accounts payable. How do you enter accounts payable transactions such as credit card bills and partial payments to payables to balance the equation and to produce valid balance sheets.?


This discussion has been closed.