QB Issue Resolution:
First, that is only an Amortization helper tool. Any loan that is already amortized by the lender, you don’t also want QB to try to calculate, since no two systems compute to the same values.
Next, any loan paid off can be removed from LM.
Third, if you have that many, then don’t use it for the “easy stuff” that you know you can manage. All it is doing is Providing the Split. You can do that for each entry, as you would if you already have an amortization schedule and even a Payment Coupon.
You use LM, but when you get the statement from the lender and want to reconcile your Loan principal, you realize there is always some drift. You need to adjust the principal = don’t try to use LM for that loan. You can make the splits by getting the transaction records from the lender, from the website, or just reconcile Quarterly. Or, I have people that use Memorized Transactions for the payment, posting it all to the Liability account, Then, they Increase that account with the offset to Interest expense, when ready to reconcile.
Resolution for Issue 'Using loan manager and have reached the limit of 100 loans on 2017 QB’s Pro. What is the solution beyond 100 loans, upgrade, etc…' available: Yes (Solved).
Source: Intuit Community forum.
Using loan manager and have reached the limit of 100 loans on 2017 QB’s Pro. What is the solution beyond 100 loans, upgrade, etc…: this 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 issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for 2017 QBs Pro
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