QB Issue Resolution:
You need to do a journal entry that puts the closing costs in the correct accounts. You may just want to set up an expense account called Loan Closing Costs. Then when whoever does your books at year end sees it they can ask for the information if they need it. That way it won’t get buried in another account and misclassified. Debit the expense and credit your loan payable for $1,784.38.
Resolution for Issue 'How to get closing costs to be added to loan account?' available: Yes (Solved).
Source: Intuit Community forum.
How to get closing costs to be added to loan account?: 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 Journal Entry
Quickbooks Repair Pro will resolve it efficiently and affordably. Guaranteed resolution of your issue, or you pay nothing!
Error Recovery for Journal Entry [Canada]
E-Tech is the #1 Quickbooks data migration and Conversion service provider.
Additional Support Options: