Every check can have splits for principal and interest. And if the breakdown does not match statement just edit and save. Go back and edit payments if there are not that many and then delete the JE.

I have used JE in the past but only as a year end catch-up […]

Resolution for 'annual statement issue: 'I entered loan payments incorrectly, the principle and interest did not get applied correctly. I entered a journal adjustment to correct bottom line. How do I fix this?' available: Yes.

The annual statement 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 annual statement issue yourself by looking for a resolution described in the article. If it is a complex annual statement issue or you are unable to solve the issue, you may contact us by clicking here or by using other annual statement support options.

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