Vehicle Insurance "Credit instalment" Set up.

Good morning, @Arpad Attila Csibi.

Thank you for posting here in the Community. I'm here to help you set up the loan in QuickBooks Online.

You can create a liability account to record the loan and its payments. There are two account types you can choose, depending on the situation.

If you plan to pay off the loan by the end of the current fiscal year, I recommend choosing Other Current Liabilities. For long term loans, select the Long Term Liabilities option.

Here's how:

1. Select Settings ⚙ and then Chart of Accounts.
2. Click New to create a new account.
3. From the Account Type ▼ dropdown, select Long Term Liabilities or Other Current Liabilities.
4. From the Detail Type ▼ dropdown, select Notes Payable.
5. Give the account a relevant name, like "Loan for a car".
6. In the When do you want to start tracking your finances ▼ dropdown, choose when you want to start tracking the transactions:
   • Select Today to start tracking transactions as of today. In the Account Balance field, enter the balance of the account for today. 
   • Select Other to pick a specific date to start tracking transactions. In the Select a date field, choose the date you want to start tracking transactions for the account in QuickBooks. In the Account Balance field, enter the balance of the account for the date you pick.
7. Enter the full loan amount as a negative amount. This sets up the liability account with the full loan amount.
8. Select Save and close.

For additional reference, I've attached a link you can use about how to put the loan money directly into your bank account: Set up a loan in QuickBooks Online.

Drop me a comment below if you have any other questions about the loan. I'll be happy to help you some more.