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-   -   Accounting - loans vs. Income (https://www.askmehelpdesk.com/showthread.php?t=35450)

  • Sep 29, 2006, 09:06 AM
    mds2006
    Accounting - loans vs. income
    A new business is just starting. Owner is putting own money into business for payroll. Using quickbooks as the software. How do I set up the account to show the money coming into the company as a loan and not income?
  • Sep 29, 2006, 09:08 AM
    ScottGem
    You show it as a liability then transfer the funds from the loan account into a cash account

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