Can I combine short-term and long-term liability?
Crunchafi Lease Accounting software requires that short and long-term liabilities have unique GL account numbers
In the Journal Entry report, the short-term portion of the liability is automatically calculated and disaggregated from the long-term liability to provide GAAP compliance.
If you report using an unclassified Balance Sheet, the short-term and long-term liabilities can be combined outside of the software.