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Other questions
You got it right, @FMW.
Let's record your interest transactions under Interest Expense Account.
Here's how:
- Go to the Banking Page.
- Choose the Banking tab.
- Look for the interest transaction in the For Review tab.
- Expand the transaction.
- In the Category section, look for Interest Expense Account.
- Click Add.
Don't hesitate to leave a post below if you have other questions categorizing your income and expense transactions. I'm always here to help.