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Connecting my loan bank account

Hi,

How to connect my loan bank account.

 

Regards,

Jason

1 Comment
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Re: Connecting my loan bank account

Hi Jason, Many loan accounts will not connect to QBO, and it is not necessary to do so. You can setup a recurring split entry to book the loan liability and interest payments for your loan on a monthly recurring basis. These loan payments are most likely made from your business operating/checking account. You can create a bank rule that automatically splits and categorizes this loan payment transaction for you when it comes through the bank feed.

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