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jjm723
New Member

How do I split an entry between principal and interest without using a percentage?

this is for a business loan

Solved
Best answer 2 weeks ago

Best Answers
RazzieE
QuickBooks Team

How do I split an entry between principal and interest without using a percentage?

Hi there, @jjm723. You can split an entry between principal and interest using the Amount option when splitting the transaction.

 

When you use the Amount, you'll only enter a value on the first line. QuickBooks automatically fills in the second line based on the amount remaining from the total. For example, if the total amount is 137 and you enter 100 on the first line, QuickBooks will automatically enter 37 on the second line.

 

If you have follow-up questions, please don't hesitate to click the Reply button.

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1 Comment 1
RazzieE
QuickBooks Team

How do I split an entry between principal and interest without using a percentage?

Hi there, @jjm723. You can split an entry between principal and interest using the Amount option when splitting the transaction.

 

When you use the Amount, you'll only enter a value on the first line. QuickBooks automatically fills in the second line based on the amount remaining from the total. For example, if the total amount is 137 and you enter 100 on the first line, QuickBooks will automatically enter 37 on the second line.

 

If you have follow-up questions, please don't hesitate to click the Reply button.

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