Liabilities & Expenses

[T. Howell-Cintron]

I have previously configured a loan such that the Liabilities:Loan
showed an increase in Assets:Checking, and subsequently added some
transactions from Assets:Checking to Expenses:* totaling the amount
loaned in the first place.  This worked well.

I have another debt I'd like to track and I'm thinking I may have
overlooked an easier way of doing it.  If I create a Liabilities:*
account showing an increase for the correct amount and set the transfer
directly to Expenses:* I could skip the A:Checking->E:* step entirely.

Is that the proper approach?

With regards,
Tom Howell-Cintron