Liabilities are items owed by the institution. It
can be money or a service that must be performed.
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At the top of your dashboard, click the module access icon > Administration > Finance > Asset Liability Management > Liability to open the Liability page.
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Click Create.
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In the Title field, enter the name of the liability.
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In the Description field, enter a short description about the liability.
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In the Amount field, enter the value of the liability.
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Click the Save button.
For more information, watch this-