Hello, jessica-sturm. You’ve come to the right place. The Community is here to help.
You can record and track a line of credit by creating an account for the principle and one for interest. Once everything has been entered in your books, you’ll be able to track what you […]

Resolution for 'covid19 issue: 'My business recently received a line of credit through our credit union as they were offering COVID – 19 Relief, this is not the ERTC or PPL Loans. The loan was for X amount and we can pull out of it at anytime however we do not know if we will pull the entire amount before the line of credit is closed. We will have to pay the loan back but not until next year I believe How do I properly record the line of credit and the pay back amount in Quickbooks online? We also received a grant for disaster relief though the bank as well how do i properly record the grant?' available: Yes.

The covid19 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 covid19 issue yourself by looking for a resolution described in the article. If it is a complex covid19 issue or you are unable to solve the issue, you may contact us by clicking here or by using other covid19 support options.

For more information about resolving issues related to covid19 in Quickbooks/QBO or to get support for the issue 'My business recently received a line of credit through our credit union as they were offering COVID – 19 Relief, this is not the ERTC or PPL Loans. The loan was for X amount and we can pull out of it at anytime however we do not know if we will pull the entire amount before the line of credit is closed. We will have to pay the loan back but not until next year I believe How do I properly record the line of credit and the pay back amount in Quickbooks online? We also received a grant for disaster relief though the bank as well how do i properly record the grant?', click the link below: