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August 28, 2024
Question

Recording the purchase of a truck for business & personal use with personal loan

  • August 28, 2024
  • 0 replies
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Hi!


so I purchased a truck for my business with a personal loan. It’s being used for both business and personal, but mostly business. The monthly payments are coming out of my business chequing account, and I am tracking business km for tax purposes. 


I already know how to add a loan and track payments in quickbooks. But my question is am I able to add a personal loan into QB or can it only be done with a loan that is through the business?