QB Issue Resolution:
Your payment when you make the monthly mortgage payment is composed of two parts, the mortgage company statement shows that. You pay down the loan, and you pay interest on the borrowed money
the account Real Estate mortgage is a liability account, the loan
the account Mortgage interest payments is an expense account for interest paid
just like it says in your screen shot far right column
Resolution for Issue 'Need help to record mortgage for rental properties' available: Yes (Solved).
Source: Intuit Community forum.
Need help to record mortgage for rental properties: 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.
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Error Recovery for company statement [Canada]
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