Accounting for Loans and Loan Payments in QuickBooks Online
Автор: Michelle Newberry
Загружено: 2025-04-27
Просмотров: 3240
This video explains accounting for loans and loan payments. At the end of the video I also discuss cleaning up loan accounts if you're trying to make corrections.
0:00 Intro
0:21 Accounts typically affected
1:00 Setting up accounts in chart of accounts
1:19 Current vs. long-term liabilities
1:59 Line of Credit example - entries when money is borrowed
3:30 Line of Credit example - payment entries
8:02 Brief discussion of loan balance, finding loan balance amount, timing of recording interest
8:58 Purchasing Equipment with down-payment example - entries for purchase
12:40 Purchase Equipment with down-payment example - payment entries
15:36 Balance Sheet
16:17 Cleaning up loan accounts/loan balances
Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
