QuickBooks Loan Manager
                     QuickBooks 
Loan 
Manager
What is it?
QuickBooks Loan Manager establishes loans in 
QuickBooks counting on the information given on 
the long-run Liability & different Current Liability 
accounts. The Loan manager permits you to trace 
both Principal and interest without glancing over 
the amortization tables to evaluate the amounts. 
later, these amounts are entered manually using 
the journal entries.
Below are the effective options of this very 
efficient tool
1. This tool diversifies the whole loan quantity into 
interest and principle, thereby serving to in the timely 
loan reimbursement.
2. It permits you to feature or take away the loans that 
must be tracked and additionally came upon the loan 
payments for them. 
3. The reimbursement schedules of the loans is viewed 
through this tool and you may be able to analyse the 
various situations for loans.
How to Set Up Loan in 
QuickBooks
1. You have to select Banking, loan manager form the menu. 
2. Now Click to Add a Loan and fill in all the needed details. 
3. From the account name dropdown list, you select the long term 
liability account for the loan. 
4. From the ledger, the dropdown list selects to the Payee option.
5. Enter the Loan Origination Date. 
6. In the Next steps, Choose the weeks, months or years and click on 
Next. 
7. Select the payment method and fill in the interest rate. 
8. Then Select the compounding Period. 
9. From the Payment account list, you have to choose a bank account. 
10. At last, Select the Interest Expense Accounts and Click to Finish 
Button.
Come in for a 
cFor hatm!ore details regarding 
QuickBooks Loan Manager user should most 
probably visit our site and grasp more knowledge 
on record the loan payments, close entire open 
invoices, enter the opening Balance, and much 
more. User can also contact us for any 
troubleshooting they needs with there QuickBooks 
Accounting Software.
PHONE NUMBER
+1(800)816-6849
EMAIL ADDRESS
[email protected]