back the liability: I have just started using Quickbooks and have deposited £150 into my bank account as a Director’s Loan to the business. How should I record this? Thank you
first create a current liability account titled something like due-to-[name]
then use that account as the source (from) account for the deposit
later you pay back the liability
Resolution for 'back the liability issue: 'I have just started using Quickbooks and have deposited £150 into my bank account as a Director’s Loan to the business. How should I record this? Thank you' available: Yes.
The back the liability 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 back the liability issue yourself by looking for a resolution described in the article. If it is a complex back the liability issue or you are unable to solve the issue, you may contact us by clicking here or by using other back the liability support options.
For more information about resolving issues related to back the liability in Quickbooks/QBO or to get support for the issue 'I have just started using Quickbooks and have deposited £150 into my bank account as a Director’s Loan to the business. How should I record this? Thank you', click the link below: