topic How do you categorize a Business Loan Payment in Quickbooks? in After you file

How do you categorize a Business Loan Payment in Quickbooks?

tony-r-glasgow — Mon, 23 Feb 2026 10:55:25 GMT

Re: How do you categorize a Business Loan Payment in Quickbooks?

Anonymous_ — Thu, 12 Jan 2023 16:43:02 GMT

You might want to post your question on the QuickBooks Community.

See https://quickbooks.intuit.com/learn-support/us-quickbooks-community/misc/03/community-us

Re: How do you categorize a Business Loan Payment in Quickbooks?

Critter-3 — Thu, 12 Jan 2023 17:20:18 GMT

You need to set up an account for the loan in the chart of accounts for the outstanding amount of the loan then each payment from the checking account will be split between the principle amount paid on the loan and the interest paid. In the QB forum you can ask for help in setting up your books correctly and/or seek out a local QB advisor for help.