I have all the steps that you need in recording the interest you've made in your investor, @jj49.
You can write a check or create an expense to pay your investors interest on their capital investments. If you're going to pay your investors through a paper check, follow the steps below:
- Go to the + New button and select Check.
- Look for the person or business you’re paying back from the Payee drop-down,
- Enter a check number.
- In the Category details section, add the expense account you use to track the interest you pay, and the amount of interest that is part of your payment today.
- Select Save and close.
If you're going to pay them with a debit or credit card, you can record them by entering an expense.
You can check our guide on tracking personal money or investments to your business and on how to record paying back an investment.
Keep in touch with me here should you have any additional questions or concerns. I'm always available to help.