How can I transfer funds from a bank to a liability account?

To transfer funds from a bank to a liability account:

• Go to the Banking module and select the bank from which you want to transfer funds.
• Click the Add transaction dropdown and select Expense under Money Out.
• Select the specific liability account you want to transfer the funds to in the Expense Account dropdown.
• Enter the amount that you wish to transfer from the bank to the selected liablilty account.
• Add other necessary details and click Save at the bottom.

The transaction for transferring fund from the bank to the liablity account will be completed.