QuickBooks Quik Tip for the Day – Loan Manager

Posted by on Feb 21, 2011 in QuickBooks Tips | 0 comments

For companies that have loans that require the tracking of both the principal and interest, the QuickBooks Loan Manager will do just that.  No more having to setup those Excel tables or refer to those amortization tables, calculating the loan payments and manually entering the journal entries.

All you have to do is go to Menu Bar/Banking/Loan Manager. From there you can Add a Loan, Set Up Payment, Edit it and even perform What If Scenerios.

A very useful tool indeed.

www.quickbookstrained.com is now mobile friendly. From the web address you can choose Options/Mobile formatted and the site will appear in all its living colour for you to view. Check it out.

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