Thank you for posting here in the Community, @cindi1.
You need to manually add the interest expense in QuickBooks and mark it as cleared. Let me show you how.
- Click on the Plus icon (+), choose Expense.
- Select or enter the name of the financial institution.
- From the Bank/Credit account drop-down list, select the line of credit account you set up.
- From the Payment method drop-down list, select Credit Card.
- In the Account details section, select your interest expense account from the Account drop-down list.
- Enter the Amount of the interest charge.
- Select Save and Close.
Once done, you can mark the transaction as Cleared. Here's how:
- On the left panel, hover your mouse to Accounting, and click on Chart of Accounts.
- Choose the bank account where the transaction was added.
- Click on View Register.
- Look for the transaction, click on the check mark column to mark it with "C".
- Click on Save.
Feel free to read this article for more information: How to Track a Line of Credit?
Let us know if you have other questions. We'll be around to help.