When you Borrow, that deposit is posted as “from” the Liability account. When you pay them back, the Liability is the Principal, plus you pay them Interest as your Expense. You manage the balance and Reconcile to that balance, at least quarterly, to see if you are on track or […]
Resolution for 'at least quarterly issue: 'I need help with the details of tracking a line of credit' available: Yes.
The at least quarterly 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 at least quarterly issue yourself by looking for a resolution described in the article. If it is a complex at least quarterly issue or you are unable to solve the issue, you may contact us by clicking here or by using other at least quarterly support options.
For more information about resolving issues related to at least quarterly in Quickbooks/QBO or to get support for the issue 'I need help with the details of tracking a line of credit', click the link below: