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CAML
April 14, 2019
Question

how do you enter a loan in quickbooks self-employed

  • April 14, 2019
  • 1 reply
  • 0 views

I am trying to enter my loan and the loan payments but cannot find the chart of accounts in quickbooks self-employed.

    1 reply

    MaryLurleenM
    MaryLurleenM
    April 15, 2019

    Hello there, CAML,

     

    Chart of Accounts is unavailable in QuickBooks Self-Employed. When tracking your business loan, only the loan interest is deductible.

     

    Don’t hesitate to comment below if you got additional concerns, I’m always here to help you.

    C
    crackertales
    January 18, 2020

    Ok. But how do I track a loan payment in Self-Employed QBs if a loan can't be created. Money needs to be tracked in and out.

    Thank you.

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