Question

how do you enter a loan in quickbooks self-employed

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

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.

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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