QB Issue Resolution:
a loan is a liability, so you set up a loan liability account (current liability if you will pay it off in less than one year)
then make a deposit to the bank account and use the loan liability account as the source of the deposit
now you use write checks to record the expenses you use the money for
Resolution for Issue 'some money being deposited into the bus account this week: Cash advance loan for office expenses, Cash advance loan for initial other office expenses, and cash donation to cover the cost of a business trip.' available: Yes (Solved).
Source: Intuit Community forum.
some money being deposited into the bus account this week: Cash advance loan for office expenses, Cash advance loan for initial other office expenses, and cash donation to cover the cost of a business trip.: 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 advance loan
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Error Recovery for advance loan [Canada]
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