Unable to create liability account under expense account

[Frank H. Ellenberger]

Hi Suresh,

there is a good reason why you can not mix this types of accounts. There
are 2 different dimenstions in accounting:

1. What is your position at a specific point in the time?
Assets, liabilites, equty express this.

2. What is your motion over a period of time?
Income and expense express this.

HTH
Frank

Am 23.11.2017 um 20:17 schrieb Suresh Saragadam:
> I am working on a small construction work where i need to record my
> expenses for both material and men (labour)
> 
> Initially i need to create expense accounts for
> 
> sand, stone,cement, under Total Material Expences
> 
> Total Material Expences
> |_sand
> |_cement
> |_stone
> 
> i am purchasing cement on credit(Loan) that is accounts payable i.e.
> liability
> 
> Here i need to create liability account for cement under material expenses,
> but i am unable to create a liability account for cement under material
> expense account
> 
> so that i can record total material spend including liability for cement
> 
> this is very minimum accounting requirement.
> 
> Regards
> 
> Suresh