Hello there, @AGMAIN.
Let me help and provide information on how to account for your year-end discrepancy in loan interest in QuickBooks Desktop (QBDT).
To start, I suggest further checking the transactions entered in QuickBooks related to the interest amount reported by the loan company and QuickBooks. Also, please check your bank statement to verify what causes the discrepancy. I also recommend reaching out to your account for further guidance.
Regarding your other concern on what is the correct way to deal with the counted payments that add the interest in your P&L total for 2023 and the statement from your bank that shows less interest since it didn't record the payment until January 2024. This will depend on whether you use the cash or accrual method for your business.
For future reference, you can check this article to guide you track your loan with the help of Loan Manager in QBDT: QuickBooks Loan Manager.
I'll always be here, ready to back you up if you have any further questions about the year-end discrepancy in loan interest or other QBDT-related concerns. Please let us know any time in the thread. Keep safe!
