Draws on loan from bank

Thanks for sharing your concern, @Anne. I'd be glad to help you enter loans in QuickBooks Desktop. 

When recording a loan in QuickBooks, you'll need to set up a liability account for it first. 

Here's how:

1. Go to the Lists menu, then choose Chart of Accounts.
2. Right-click anywhere, then click New.
3. Select Other Account Types, then select the right account type for your loan:

• • Other Current Liability: Use this for short-term loans payable over one year.
  • Long Term Liability: Use this for long-term loans payable over a longer period.

   4. Click Continue, then enter the name and number of the account.

   5.Click Save & Close.

Then, set up an escrow account to track the escrow portion of a loan payment. Here's how:

1. Go to the Lists menu, then select Chart of Accounts.
2. Select the Account dropdown, then New.
3. Select Other Account Types, then Other Current Asset.
4. Select Continue, then enter the account name.
5. Click Save & Close.

Once all are set, you can now track your loan in QuickBooks Loan Manager. Here's how: 

1. Go to the Banking menu, then select Loan Manager.
2. Select Add a Loan, then enter the account info for the loan.
3. Select Next, then enter the payment info for the loan.
4. Select Next, then enter the loan interest info.
5. Click Finish. 

Check out this article for more details: QuickBooks Loan Manager.

For future reference, you also want to learn about manually tracking your loan in QuickBooks Desktop. 

I'll be around to help if you need more assistance. Have a nice day.