How To Use Loan Manager In QuickBooks?
Loan manager is an incredible feature of the QuickBooks that helps users to separate each payment into the accurate amounts of Principle and interest. You can connect to the tech-geeks of QuickBooks Support if you want to get started with this feature. An improper record of the loan payment transactions makes it difficult for the proper decomposition of the proper interests and principle. Loan manager can resolve this shortcoming of the QuickBooks. It enables you to set up each loan on various parameters like fees, rate, term, compounding, balloon payments etc.