QuickBooks Quik Tip for the Day – Loan Manager

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...

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