Hello and Welcome, DoRo :waving_hand:
We'd recommend checking with your accountant if you're unsure which specific accounts to use, but you can create a liability-type account within your Chart of Accounts to track the loan.
To create a new account, go to Accounting > Chart of Accounts > New and select the relevant account and detail types on the drop-down, then rename this to how you wish it to appear in your accounts/reports. We've got a guide here which you may find useful for steps on setting up the loan account and recording the payment to your bank account.
If you haven't already, you'll also need to create your business bank and personal bank individually within the Chart of Accounts. When you come to pay for purchases with the personal account, create an Expense (+ New > Expense) and select the personal account on the drop-down of the 'Payment account' field. You'll only need to enter transactions on the personal account which relate to the business, so you won't necessarily have to reconcile this account.
To reconcile an account, select the Cogwheel > Reconcile and select the account you wish to begin reconciling on the drop-down. You'll need to check that the opening balance showing here is the correct balance on the date that you began tracking transactions in QuickBooks - you can check our guide here if you need to correct this.
When you download transactions from your bank, if these don't already exist in your QuickBooks, simply select 'add' and we'll automatically create a transaction for this - by default, for money out, an expense will be created, and for money in, a sales receipt will be created, though you can change this to deposit or transfer when reviewing the transaction.
Please get back to us below if you have any questions! :hugging_face:
