HOW TO ADD LOAN IN QUICKBOOK PREMIER 2011
HOW TO ADD DIRECTORS LOAN IN QUICKBOOK
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dW5TnuDnyr4laPacwZ5xHE
05/02/11 9:16am PDT
Viewed by asker 05/05/11 12:11pm PDT
Viewed by asker 05/05/11 12:11pm PDT
2 Replies
Safari818
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Questions answered: 14141
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Advisory council of community power users.
ProAdvisor Canada
Members of the QuickBooks ProAdvisor Program
05/03/11 9:40am PDT
PLEASE do not shout.
Is it a loan payable to, or loan receivable from, the Director?
Open your Chart of Accounts and create the appropriate account - check with your own competent professional accountant if you're not sure.
Then record the transaction - maybe a Cheque to the Director, or a bank Deposit from the Director? You tell us, or ask your own competent professional accountant.
Dcma
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Questions answered: 88
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Questions answered: 88
Points earned: 177
ProAdvisor Canada
Members of the QuickBooks ProAdvisor Program
05/03/11 1:46pm PDT
Latest post
Using the Loans Manager is an option.
Banking: Loan Manager
where you will be able to add a Loan: Principal, Interest etc. You can also configure an amortization schedule .
Also, make sure the correct Accounts are set up prior to loading the schedules.
Good Luck!
