cancel
Showing results for 
Search instead for 
Did you mean: 

Reply to message

View discussion in a popup

Replying to:
Alessandra_B
QuickBooks Team

Reply to message

Hi @teverhart26,

 

Allow me to provide you with some information about your line of credit account and help you edit it.

 

Setting up a line of credit account in QuickBooks allows you to record interest and pay your bills. 

 

When you set up your line of credit as “other liabilities” you won’t be able to pay your liabilities or payables.

 

On the bright side, you can still edit the set up of your account. Let me show you how:

  1. On the left panel, hover your mouse on Accounting, and choose Chart of Accounts.
  2. Select the Line of Credit account.
  3. Under the View Register drop-down, choose Edit.
  4. Choose Credit Card under the Account Type drop-down.
  5. Click on Save and Close.

Feel free to read this article for more information: How to Track a Line of Credit?

 

Fill me in if you have any other questions. I’ll be here to help you. Have a good day!

Need to get in touch?

Contact us