QB Issue Resolution:
In chart of accounts, create a new liability account (short term if it will be paid in less than a year)
Click on the liability account then click the register button
Make a new entry for each expense as an increase, and select that expense account in the account block
If you also hung on to some cash from the loan, new entry as an increase and select the bank or cash account you put the money in
Resolution for Issue 'How do I add a liability loan and then reflect those as expenses in ledger?' available: Yes (Solved).
Source: Intuit Community forum.
How do I add a liability loan and then reflect those as expenses in ledger?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Chart of Accounts
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