Shellie I have the same situation. I'm using Intuit QB Enterprise Solutions: Manufacturing and Wholesale 22 and just purchased a building. I know in the past there was "loan manager" but it appears to no longer be a part of QB. 

Purchase Price - $1,500,000.00

Closing Cost - $32,404.10

Earnest $$ Paid - $15,000.00

Paid at closing - $305,306.32

I have a long-term liability account set up and also set up the bank under vendor. Do I need to set up an interest account as well? I set up long-term liability account with opening balance of $1,532,404.10. Do I write a check for the pmt and put the principal to the long-term liability account and interest to an interest account? So is this in essence a manual process each month and I don't need to enter the interest rate in any place?