What is QuickBooks Loan Manager & How to Set up it?
QuickBooks Loan Manager establishes loans in QuickBooks depending on the info given on the Long-term Liability & Other Current Liability accounts. The Loan manager enables you to track both Principal and interest without glancing over the amortization tables to evaluate the amounts. You can simply make a call at our toll-free number i.e. 1-800-865-4183 and speak to our experts and certified QuickBooks professionals and get answers to all your queries. Thus, do not hesitate in ringing up anytime, our professionals will be there to help you. How to Set Up a Loan in QuickBooks? First of all, you have to choose Banking, Loan Manager from the menu. Now, click on Add a Loan and fill in all the required details. From the Account Name drop-down list, choose long-term liability account for the loan. After that, from the Lender drop-down list, choose the Payee. Fill up the loan Origination Date. Next, from the Terms list, you have to choose Weeks, Months, or Years and Cl