Thank you for joining the thread, @Anonymous.
I'd be glad to help share ways so you'll be able to record your transactions correctly.
If you're paying the interest on time, you can just create an expense transaction using the Interest Expense account. However, if you're paying it on a later time, you can create a journal entry debiting your Interest Expense and crediting your Interest Payable. Once you'll be paying the interest, you can create an expense transaction using the Interest Liability account. You can also make the Interest Payable Liability as a sub-account of the loan account if the interest is being incurred by the loaned money.
On the other hand, I'd also recommend consulting with your professional accountant for the accuracy of your accounts.
Please keep me posted if you have any other QuickBooks or entering interest and credit card charges questions by adding a comment below. I'll be always here to help you!
