I read this article:
and found that what I was seeing on my screen didn't match the instructions. Specifically, the instructions state to put in the loan amount in a negative number in the "Amount" field, but what I see is an "Unpaid Balance" field. Do I still enter the loan amount as a negative number?
Yes. You'll still need to enter the amount as negative, sentinellockandd.
The Amount box was from the old interface. In the new QuickBooks released, when you select either Long Term Liabilities or Other Current Liabilities as the Account Type, you'll have to enter the amount on the Unpaid balance field.
After setting up a liability account, you're good to record the money you got from the loan. Proceed to Step 2 in the article you've shared to do this.
Feel free to tag me if there's anything that I can help you with.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.