A construction loan is basically a line of credit, you or the bank pay bills and the balance owed increases

Set the loan up as a Credit Card type account, enter the bills paid as a credit card payment just as you would any other kind of payment, taxes included

Resolution for 'balance owed increases issue: 'We have a loan with a bank that pays invoices directly for a new build. How do I record those payments in QBO?' available: Yes.

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

For more information about resolving issues related to balance owed increases in Quickbooks/QBO or to get support for the issue 'We have a loan with a bank that pays invoices directly for a new build. How do I record those payments in QBO?', click the link below: