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1. At the Time of Expense Incurrence (before payment is made):
Create Other expense documents from the Accounting module.
In the main tab, add Accural type as the transaction type
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- Debit: Expense Account (e.g., Rent, Utilities, Services)
You can create a separate GL account, such as "Rent Expense," instead of grouping it with other expenses for better classification.
- Credit: Accrued Expenses / Accounts Payable (Liability)
You can use a "Current Liability" GL, such as "Accounts Payable," or classify it under "Other Current Liabilities" as needed.
2. When the Payment is Made (at a later date)
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