Thank you for getting back to us, @KingDeuces.
About the renovations & equipment loan, you can still use the expense account. You can review the article provided by one of my colleagues above, @SheillaGraceA. Here is the article: Manually track loans in QuickBooks Desktop.
You can also manage and keep track of your loan payments. Check this article for more information about the process: QuickBooks Loan Manager.
If you have additional questions about recording your loan process, you can click the Reply button below. Have a great day.
