QB Issue Resolution:
in the chart of accounts create a current asset account named something like due-from-[name]
Make the payment and use that due-from account as the expense for the payment
Use make deposits for the payment received, and use the due-from account as the source (from) account for the deposit
Resolution for Issue 'how do i set up a loan to a director from limited company?' available: Yes (Solved).
Source: Intuit Community forum.
how do i set up a loan to a director from limited company?: 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 accounts create
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Error Recovery for accounts create [Canada]
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