How do I categorize a business loan in Quickbooks?
September 21st, 2008
jnm76 asked:
I was recently approved for a $5,880 loan for my company to be used as working capital. How should I categorize this in Quickbooks? When I go to show the deposit into the company bank account, how does that get categorized as money from a loan and not as income?
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I was recently approved for a $5,880 loan for my company to be used as working capital. How should I categorize this in Quickbooks? When I go to show the deposit into the company bank account, how does that get categorized as money from a loan and not as income?
Create a video blog
