How to record PPP loan forgiveness in QuickBooks Online | Scribe

How to record PPP loan forgiveness in QuickBooks Online

  • Grace Everwood |
  • 8 steps |
  • 25 seconds
  • QuickBooksQuickBooks
1
Go to [https://quickbooks.intuit.com/](https://quickbooks.intuit.com/)
2
Navigate"+New"
3
Click "Journal entry"
4
Record the date the loan was forgiven.
5
Record the Journal Number.
6
Select the Income account
7
Record the journal details.
8
Click "Save and close"