Thank you for your quick response.
However, isn’t Accounts Payable used when you owe someone money, or you have purchased supplies. Form supplier? We do not have suppliers and other than a handful of expenses, we just homeowners whom we bill every month for a non-inventory item which we call HOA Dues, for $35.00. When receiving a payment on these sales invoices, if we select “Received Money” when viewing that sales invoice, then after choosing our bank, where the money is received into, then we are presented with a screen where we are to input information regarding that sales invoice. We leave the first item blank which defaults to Account called “Accounts Receivable” we then add another line and in that item column, we select the item that we invoiced for (HOA Dues), it automatically selects the account that HOA Dues is assigned to in the Income category, fills in the amount of $35.00. I get the feeling that this is not the correct way to do this.