Hi @Fleming1. I'll show you how to track loans in QuickBooks Desktop.

To start tracking loans, we'll have to set up a liability and expense account for the loan and interest payments, respectively.

Here’s how to set up a liability account for your loan.

1. Go to the Lists menu, then select Chart of Accounts.
2. Right-click anywhere and select New.
3. Select Other Account Types, then select the right account type for your loan:
   • Other Current Liability: Use this for short-term loans payable over one year.
   • Long Term Liability: Use this for long-term loans payable over a longer period.
4. Select Continue.
5. Enter the name and number for the account.
6. Select Save & Close.

Then, follow these steps to create an expense account.

1. Go to the Lists menu, then select Chart of Accounts.
2. Right-click anywhere, then select New.
3. Select Expense, then Continue.
4. Enter the account name for the interest payments or fees and charges.
5. Select Save & Close.

After that, create a new vendor for the bank or company you need to pay for the loan.

1. Go to the Vendors menu, then select Vendor Center.
2. Select New Vendor.
3. Enter the name of the bank or the company you need to pay for the loan.
4. Enter other vendor details such as phone number and email address.
5. Select OK.

Once everything is set, you can now record the loan amount and the repayments. For the detailed steps, check out this article and proceed to step 4: Manually track loans in QuickBooks Desktop.

Please come back should you need more help in setting up a loan in QuickBooks Desktop.