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That's easy, rsj5020.
We'll have to create a liability account first to track the loan. Let me show you how:
If you already have one, you'll want to go ahead and record the money you got from the loan through a Journal Entry. Once you're ready to pay back the loan, you can write a cheque.
Feel free to use this article for more details on how to set up a loan in QuickBooks Online.
If you have other questions please don't hesitate to post them here. Have a great day!
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