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Simplify payday and set payroll to run automatically on QuickBooks.Explore QuickBooks Payroll

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Jen_D
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Thanks for sharing your feedback with us about the Loan Manager feature, @SonomaNow.

 

With the launch of QuickBooks Desktop 2022 and Enterprise 22.0, you’ll notice that this feature is no longer available.

 

Transactions like principal repayment and interest expense are no longer automated. You’ll need to manually enter them in QuickBooks Desktop 2022. You may need to know the principal and interest components for each payment. Refer to the amortization schedule provided by the lender.

 

If you’re unable to obtain the schedule, find an amortization calculator online. You can also refer to an accountant to help record your entries in QuickBooks.

 

In the meantime, you can find loan manager apps from our app website. You can visit this link: https://desktop.apps.com/home

 

Please post here again if you need assistance with recording or handling your loans in QuickBooks. I'll be more than happy to help.

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