1, delete the entry you made

2. you never ever use inventory asset is any type of transaction if you are using inventory type items

3. create the liability account for the loan, open the loan liability account register (double click on the account in the chart of accounts).  make a new […]

Resolution for 'business inventory issue: 'How do I account for business inventory purchase when it was financed as a loan?' available: Yes.

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

For more information about resolving issues related to business inventory in Quickbooks/QBO or to get support for the issue 'How do I account for business inventory purchase when it was financed as a loan?', click the link below: