I have been entering Car Loan Repayments and Tax Payments (BAS) as expenses and therefore they appear on the Profit and Loss Statement. I want to fix this and set up new Accounts for them in my Chart of Accounts and enter them in correctly so they appear on my Balance Sheet. What accounts do I set up and need for these 2 items and can you advise me how to enter them so that I ensure it is correct. My Accountant has been fixing figures at his end but I want to fix up my Books so that everything is as it should be. Thanks.