12 Dec 2017
QuickBooks Pro by Intuit is acclaimed financial accounting software. Made especially for small to mid-size businesses, this software has great features for common accounting functions like accounts receivables, accounts payables, financial reporting and credit card management. If you have still not used QuickBooks Pro, then its time that you use it right away, as this software can give your business with lot of benefits. With quickbooks you will easily know not only how to enter rent payments in quickbooks but can also find “How to record a loan payment in quickbooks”.
Though you can use quickbooks with lot of ease and plenty of features but today we will try to find how to record a loan payment in quickbooks. Thus without further adieu let’s jump into find how you can do that:
Print your cheques
When your bills are due, you can directly print out a check from QuickBooks. This software records all your transactions and has the option of linking your banking accounts too. Since you can view all your financial records on a single screen, you can discard the use of paper bank statements.
Keep a track of expense billing
If you run a business, then you would need to keep a track of your expenses which have to be later billed to clients. Small and large expenditures like mileage, purchases, meals or international travel can now be easily recorded into QuickBooks Pro. You can also go a step further and save each expense according to the job or customer and enjoy the benefit of not having to manually reconcile your expenses.
Deposit the Loan Amount
Click “Banking” in the main menu and then select “Make Deposits” in the context menu. If the Payments to Deposit window opens, click the “Cancel” button to close the window.
Recording Loan Payments
Hope you have solved your query by now. But if you are still facing issues with quickbooks or looking for further solution then get in touch at our Quickbooks Canada Support at our Toll free number at 1800-940-7442.
What is Qbpro?
We are a Quickbooks and TurboTax consulting firm that takes care of all the issues that people might ever face within these programs. If you are using any of the above platforms and are continuously faced with bugs then we are here to help. You can connect with us for errors related to Quickbooks or TurboTax via any of the medium below:
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Though we serve throughout the world but our clients majorly comes from Canada, USA, and the UK.
Disclaimer: QBpro.ca is a reputable QuickBooks® Consulting firm that provides professional support services related to your accounting software. It is also a front-runner in providing 3rd party technical support services for quickbooks.
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