How to record loan forgiveness in QuickBooks Online | Scribe

    How to record loan forgiveness in QuickBooks Online

    • Grace Everwood |
    • 6 steps |
    • 14 seconds
    1
    Go to [https://quickbooks.intuit.com/](https://quickbooks.intuit.com/)
    2
    Navigate "+New"
    3
    Click "Journal entry"
    4
    Select the Account you will use to recognize the Loan forgiveness.
    5
    Debit the Loan account.
    6
    Click "Save and close"