Solved
New Liabilities Account
How do I create a new liability account in Quickbooks Online for tax, title fee, and registration fees we collect from a customer that we pay to Texas Parks and Wildlife? We are licensed to sell boats, and we collect the fees for TPWD from the customer at the time of the transaction, then we pay the same amount to TPWD. We would prefer to create a line item to add to the invoice, and then have it deduct from the liability account when the check to TPWD clears.
