Hi, my accountant wants us to send our ‘unearned revenue’ (deferred income) of Packs paid in advance to a current liability account in Xero. We then slowly transfer that liability to a sales account in xero as clients actually come in and use their packs.
Currently I can only invoice to an income account. Is it possible to add the ability to include liability accounts in the xero account selections (ie. instead of an invoice debiting your bank, and crediting your sales; it would debit your bank, and credit your ‘unearned revenue’ liability account).