Need assistance with account setup

Steph772001

I am on Windows Classic Premier.

I have allstate home and car insurance. The payments are automatic and are coming out correctly and placed in the right spot BUT we pay a monthly note on them and have a balance on each policy.

I want to know how to set it up (like the checking accounts) where I can enter the total amount for the policies and the have it deduct it from the balance, each time it is paind.

How do I do this?

TIA!

NotACPA

Those would be Liability/Loan type accounts. Q Help details how to set them up.

Your monthly payment should be split so that a portion goes to your Insurance category(s) and a portion to the Loan accounts to reduce their balances and a portion (if applicable) to any Interest category.