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bank loan: What account do I use when writing a check to pay off a bank loan?

you use the liability account as the expense (reason) for the payment

Resolution for 'bank loan issue: 'What account do I use when writing a check to pay off a bank loan?' available: Yes.

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

For more information about resolving issues related to bank loan in Quickbooks/QBO or to get support for the issue 'What account do I use when writing a check to pay off a bank loan?', click the link below:

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bank loan: An employee wants a bank loan payment deducted and paid through payroll. How is this set up?

Why is the employer doing this person’s Personal Banking for them? This is not a Mandated deduction. They might “like it” that the payroll person will handle the payment on their debt; why doesn’t the employer go ahead and deduct Rent and send it to the landlord; the electricity and […]

Resolution for 'bank loan issue: 'An employee wants a bank loan payment deducted and paid through payroll. How is this set up?' available: Yes.

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

For more information about resolving issues related to bank loan in Quickbooks/QBO or to get support for the issue 'An employee wants a bank loan payment deducted and paid through payroll. How is this set up?', click the link below:

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bank loan: How do I record a deposit that is non revenue like a cash infusion by me or a bank loan?

for a sole prop, when you put your own money into the company, it’s called Owner Equity. make the deposit as above but use Owner Equity as the account. if you decide to repay yourself, write a check to yourself and use Owner Draw as the account.

Resolution for 'bank loan issue: 'How do I record a deposit that is non revenue like a cash infusion by me or a bank loan?' available: Yes.

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

For more information about resolving issues related to bank loan in Quickbooks/QBO or to get support for the issue 'How do I record a deposit that is non revenue like a cash infusion by me or a bank loan?', click the link below:

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