how to record loans in quickbooks | Scribe

how to record loans in quickbooks

If you are a small business owner or accountant, you may need to know how to record loans in QuickBooks in order to accurately track and manage your finances. Loans can be a great way to finance a business, but it is important to keep track of them in order to ensure that payments are made on time and that the loan is paid off in full. Knowing how to record loans in QuickBooks can help you stay organized and ensure that your finances are in order.
Created by Ghostwriter from Scribe | 8 steps
Click the "Banking" menu at the top of the page.
Select "Make General Journal Entries" from the drop-down menu.
Click the "Account" drop-down menu and select the loan account.
Enter the loan amount in the "Debit" field.

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