Sinking fund is a balance sheet item. It is showing in the Income side. How to move this to Balance Sheet?

Sinking fund is a balance sheet item. It is showing in the Income side. How to move this to Balance Sheet?

In ADDA, Any member invoice that gets created against a units, By default hits the Income GL. However, we have a recommended workaround option for you.

Step 1 - Create a GL called Sinking Fund under General Ledger>>Chart of Accounts>>Liability 

Step 2 - Pass the below journal entry to move it from Income side to Liabilities side

Dr. Sinking Fund (Income)
Cr. Sinking Fund (Liability)