QB Issue Resolution:

For this situation, I would suggest running a Profit and Loss report instead of an expense report. The Profit and Loss report will recognize any payments that you’ve made, including the Long Term Liability account.


I found a link for you that will break down the ins-and-outs of the Profit and Loss report: https://community.intuit.com/questions/1637601.

Resolution for Issue 'Long Term Liability' available: Yes (Solved).
Source: Intuit Community forum.

Long Term Liability: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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