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1. Select a liability account in the sidebar.
2. In Quicken, choose Transactions > New Transaction. Alternatively, you can click New in the toolbar, or use the keyboard shortcut ⌘N.
3. Enter information in as many fields in the transaction as you want to track.
   • You'll notice that in your liability account, the amount in the Increase column is a negative number and appears in red. This is because the Increase column increases the value of the liability, and thus decreases your overall net worth.
   • When the value of your liability decreases, enter the amount in the Decrease column. This might happen when you make a payment on your loan, Again, note that the amount in the Decrease column appears as a positive number in black. This is because the value of the liability decreased and thus your overall net worth increased.
   • When the value of your liability increases, enter the amount in the Increase column. Again, note that the amount in the Increase column appears as a negative number in red, because you are having a negative impact on your net worth by increasing the value of the liability.

Related topics

• Understanding asset and liability accounts
• Adding asset and liability accounts
• Add transactions to your account