This ability is unavailable in QuickBooks Desktop, TBSParkin2011.
Currently, setting up an interest-bearing loan where the interest is calculated weekly with payment is inaccessible in QBDT. I can see the importance of having this capability within the program. With that, I recommend sending a product request to our engineering team so they may consider adding this functionality in the upcoming updates. To send one, here's how:
- Open your QBDT program.
- Click the Help option, then select the Send Feedback Online option.
- Toggle to the Product Suggestion and a pop-up window will display.
- Write brief suggestions for your feedback.
- Hit the Send Feedback button to send.
Moreover, you can read this article to learn more about creating a pay advance for your employees: Set up and repay employee advances.
I'll always have your back if you have further questions about setting up an interest-bearing employee loan in QBDT. Don't forget to click the reply button if you have one.
