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awsmith
Level 2

Loan manager QB 2022

Jen

Once again your response is shallow and reflective of Intuits lack of concern for it customers. It is like you and your service team are wearing corporate blinders to the needs of those who use QB. The response should be that engineering is working on the issue to put loan manager back in QB and are VERY sorry for the oversight in not including it in QB2022. 

Allen

mindore
Level 1

Loan manager QB 2022


@RCV wrote:

To record and track loans, we'll need to go to the Banking menu and select Loan Manager. Then, tap Add a Loan. For the steps and details, check out this article: QuickBooks Loan Manager. Then, proceed to Step 2: Record and track your loans section. 


This is a joke, right? Your company removed Loan Manager from QuickBooks 2022, which is what this whole thread is about.
Jen_D
Moderator

Loan manager QB 2022

I appreciate your time sharing some insights about this discontinued feature n QuickBooks 2022, @mindore.

 

Not having the option to use the Loan Manager in 2022 versions of QuickBooks is an inconvenience on your part. The decision to discontinue the feature was not disclosed by our developers.

 

While the option is not yet available for now, we would love to hear your requests or suggestions so our developers can review them.

 

To add your product suggestions to our developers about our Loan Manager, go to the Help menu and select Send Feedback Online.

 

Please note that the product updates are handled by our developers internally. For now, we can't provide the turnaround time if they will release additional preferences and enhancements. 

 

For now, this are the workarounds you can use to track your loans.

 

Reach out to back to me if you need further assistance while working with QuickBooks sale and refund forms. I'm always here to help. Have a great rest of the day.

Fiat Lux - ASIA
Level 15

Loan manager QB 2022

Next month they will release QBD 2023. You can find out if the feature is back or not.

bvj
Level 3

Loan manager QB 2022

I wouldn't place the blame on the developers.  This costly complication is the fault of the product manager. And that individual should be engaged with us directly.  

nhurley
Level 1

Loan manager QB 2022

I had to upgrade to QB Desktop 2022 because my version was no longer going to be supported.

 

I am very upset that the Loan Manager is no longer available. This is UNACCEPTABLE. I had a business loan and car loan that I was tracking and paying with QB. How can you get rid of this feature with no replacement option? Suggesting a 3rd party software is inconsiderate, especially with the cost of the most recent QB upgrade.

 

Also gone is the ability to import TRANSACTIONS via a txt file. Why do upgrades take away features?

 

It would be nice to see these added back in the next software update.

nhurley
Level 1

Loan manager QB 2022

This would be helpful if Loan Manager was still available. That is the whole point of this conversation. BRING LOAN MANAGER BACK.

vvice
Level 1

Loan manager QB 2022

This feature needs to be brought back.  We have used the loan manager feature for many years and it has become part of our monthly routine like the bank reconciliations.  I don't understand the logic in doing away with this feature.  If someone could explain that would be great.  I don't understand the logic of making me get another app to do this when QB had a great feature in the loan manager.  I am NOT going to get another app to do something QB used to do inside their software.

 

BRING BACK THE LOAN MANAGER FEATURE!!!!!!!!

bvj
Level 3

Loan manager QB 2022

It doesn't look like LM will be added back into QB.  I watched a video preview of 2023 and noticed the Bank menu didn't have a LM entry. Figured this would be the case. But if I'm wrong, ignore this post.

 

I plan to roll my own LM solution by the end of this year, 2022. I've already verified the ability to programmatically create bills that include the Long Term principle and interest breakdowns. Basically, I can reproduce what the QB 2021 LM does in terms of creating bills. Ultimately, an amortization schedule with various parameters will be included. 

 
I'm posting this message for one reason only: that is to help alleviate the stress we're all feeling with the removal of LM. And notwithstanding the unexpected, I'm serious about a solution by the end of the year. I'll be using the QB SDK, so the experience will be similar to the way TurboTax interacts with QB. 

I'll occasionally check back on this thread no later than Q1 2023 should there be any questions. 

BTW, I made the jump to 2022 in August. But before that, I generated the loan bills for the remainder of the year using the 2021 LM.


MichelleR1
Level 2

Loan manager QB 2022

I was just with a QB Desktop support person who sold me the Premier Plus 2022, just today Sept 13, 2022.  I asked her if the QBDT 2023 had a rollout date and she said no.  Then she said I should update to 2022 bc I was using 2020 and wanted to download a newer version to a new laptop then restore my 2020 file to it.  When we restored the first file the loan manager warning came up and she didn't know anything about.  I had 3 other files with it that we restored and the same thing, she knew "or said so" nothing about loan manager.  So in answer to JessT(empl), support won't help you except to tell you that you can still open your 2020 version and use your loan manager in it?

SIPCO
Level 2

Loan manager QB 2022

Quickbooks is "quickly" going downhill...

tk93706
Level 2

Loan manager QB 2022

In addition to Loan Manager, Scan Manager was also eliminated.  We previously scanned our invoices and attached them to our payments. Now we have to scan and save the file, then attach it from the computer, instead of just scanning directly. Between these two changes, the time in cost and money is really going to hurt, as well as just being a huge annoyance.

tk93706
Level 2

Loan manager QB 2022

I have sent feedback online asking to bring back Loan and Scan Manager. I use Excel Loan Calculator to calculate our loans, but we have many many loans. This will be quite time consuming to look each one up. Loan manager eliminated errors inputting the amounts, so that might end up being an issue.  I also occasionally need to do a Loan Report for our bank showing all the information I used to have available in Loan Manager. Now I will have to look up each loan document to get Interest rates, # of payments left, etc. Extremely disappointed!!!

bvj
Level 3

Loan manager QB 2022

Apologies for the late follow-up.   

I've pretty much developed a replacement for the Loan Manager. I'm happy to share a beta version providing they'll be no expectations of support. If anyone is interested, I'll need about two months to organize. I'm very busy with other matters.

HMCarley
Level 2

Loan manager QB 2022

I'm interested in Beta testing.

awsmith
Level 2

Loan manager QB 2022

We would like to try it too.

tk93706
Level 2

Loan manager QB 2022

Would be interested.

 

rtsmith1979
Level 1

Loan manager QB 2022

screw intuit. ill use something else next year. 800 dollars a year for software that loses features (the loan manager). intuit has surpassed comcast, sprint, the big banks, the airlines, etc..., as the worlds worst (and most evil) company. ill just use pencils and a paper ledger if i have to. scr_w intuit!

JDD1984
Level 1

Loan manager QB 2022

I'm a CPA.  Software is meant to save all of us time. But, for Intuit to move to the next iteration of software and remove a time saving tool is absurd.  Have you ever tried the suggestion solution to manually separating a loan payment between escrow (generally constant) and Principal and interest that CHANGES EACH MONTH.  It is very tedious.

I will certainly be reviewing alternative accounting software.

 

I am very disappointed in the programing engineer that ever suggested to  you to save code.

Meg_B
Level 2

Loan manager QB 2022

I'm with you, Steve.  Intuit has been driving up prices while driving down features, and pushing pushing pushing for people to switch to what I see as the inferior QBO product.  Loan Manager was one of my favorite features of QBDT.  

 

Not cool, Intuit.

kwillmott
Level 2

Loan manager QB 2022

Let me know if you find an alternative solution. I just purchased my forced upgrade and discovered Loan Manager is no longer available. This is very frustrating!

kwillmott
Level 2

Loan manager QB 2022

This is truly devastating to those of us that were just forced to upgrade only to find Loan Manager no longer exists. We depend on this product.

kwillmott
Level 2

Loan manager QB 2022

I would be interested in a beta version. 

JustTheFacts
Level 1

Loan manager QB 2022

QuickBooks screwed up. I've never done an upgrade where I lose data and capabilities.  Unacceptable. This is a simple function and is critical for capitalized leases. Isn't this supposed to be an accounting program?  You need to fix this.

UMZ
Level 1

Loan manager QB 2022

Completely Agree!  It is an integral part of our QB Enterprise and has been for many years.  To simply delete it without warning is irresponsible.  Being told to go back to an older unsupported version is absurd!  At least give us ample notice and offer an option for an add-on purchase.  This program is already overpriced and full of issues that go way back to its inception.  This just proves that Intuit is rapidly becoming out of touch with its customers.  

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