What Account Type & Detail Type do I use to enter an insurance premium for our Business Insurance? We have paid for the full year.

Hi VirtusElectric,

Thanks for reaching out here.  Welcome!  It's essential that you're able to record and track your insurance accurately.  QuickBooks Online provides multiple account types and detail types, for all areas of your books.  To ensure you're Chart of Accounts is set up to properly record your business insurance, I suggest speaking with an accounting professional.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

Please feel free to reach back out, if you have any other questions.  We'd be happy to help!