You need to do a journal entry that puts the closing costs in the correct accounts. You may just want to set up an expense account called Loan Closing Costs. ┬áThen when whoever does your books at year end sees it they can ask for the information if they need […]

Resolution for 'Closing Costs issue: 'You need to do a journal entry that puts the closing costs in the correct accounts. You may just want to set up an expense account called Loan Closing Costs. Then when whoever does your books at year end sees it they can ask for the information if they need it. That way it won’t get buried in another account and misclassified. Debit the expense and credit your loan payable for $1,784.38.' available: Yes.

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

For more information about resolving issues related to Closing Costs in Quickbooks/QBO or to get support for the issue 'You need to do a journal entry that puts the closing costs in the correct accounts. You may just want to set up an expense account called Loan Closing Costs. Then when whoever does your books at year end sees it they can ask for the information if they need it. That way it won’t get buried in another account and misclassified. Debit the expense and credit your loan payable for $1,784.38.', click the link below: