(v2590.00) Other Current Liabilities—Operating

(Increase in Other Current Liabilities—Operating (v2590.01))

Use this operating account to include current liabilities that you do not want to include in the other current liability accounts. This account can be useful for incorporating accounts such as:

  • Accrued liabilities

  • Payroll taxes payable

  • Unremitted payroll withholding and sales taxes

  • Advances from customers

  • Rent received in advance

To rename this account, use the Financial Accounts view. If you do rename this account, you should also rename the related funds flow account Increase in Other Current Liabilities—Operating (v2590.01).