Hello, dad.
I'd be delighted to assist you with your goal of recording loan entries in QuickBooks Desktop.
To reflect the newly accurate values for the properties you have, we can create a Journal Entry. However, I still recommend seeking professional advice or guidance from an accountant before performing this process. This way, we can ensure the accuracy of your books.
- Go to the Company menu and select Make General Journal Entries.
- Fill out the fields to create your journal entry.
- Please ensure your debits equal your credits once done.
- Click Save or Save & Close when done.
On top of that, I'll add this handy reference for your guide to help you track your loans once your application is approved: Manually track loans in QuickBooks Desktop.
Also, this article can help you if you want to keep track of your loans and be reminded about upcoming payments: QuickBooks Loan Manager.
You can post anytime for more questions about handling loans in QBDT. Please know the Community has your back.
