Records Transactions (capital funding, loans in/out)

You can record the shared fund as capital, @hello-akmenutrit.

To record a capital investment, it's necessary to create an equity account beforehand.

If you have linked your bank account, there is no need to manually document the investment. All you have to do is assign a category to the transaction that corresponds to your deposits. Otherwise, record it into your equity account instead.

Here's how:

1. Click + New, then select Bank deposit.
2. From the Account ▼ drop-down menu, select the bank account you're depositing the money into.
3. Enter the Date you deposited the money.
4. In the Add funds to this deposit section, enter the name of the investor in the Received from field.
5. Select the appropriate equity account from the drop-down list in the Account field.
6. Specify a Payment method.
7. Enter the investment amount in the Amount field.
8. Click Save and close.

To record a company loan from a director or an officer, it is important to create a liability account for the loan. You can then proceed to create a journal entry to record the loan, and subsequently record all payments made towards the loan.

Here's how:

1. Set up a liability account.
2. Create a journal entry to record the loan.
3. Record loan payments.

Here is an article for the detailed steps: How to record a company loan from a company officer or owner.

For the company loan to a supplier, you can set up a customer profile for the supplier using the correct currency.

Here are the two options to record the loan:

• Use loans to close open invoices.
• Issue a multi-purpose loan to your customer.

Refer to this article for the complete steps of the two options: Track customer loans in QuickBooks Online.

Lastly, the interest will show in the Profit & Loss report under the income account.

For future reference, you can read these articles to help you run and customize reports in QuickBooks Online to help you track your finances:

• Run reports in QuickBooks Online.
• Customise reports in QuickBooks Online.

Let me know if you have questions about tracking your finances in QuickBooks Online. I'm always here to help. Have a great day.