Business Loans
Manage business debt, loans, and payment schedules
Business Loans (0)
| Loan | Lender | Balance / Progress | Monthly Payment | Interest Rate | Term | Status | Actions |
|---|---|---|---|---|---|---|---|
| Loading loans... | |||||||
⚠️ Quarterly Reclassification Due
Q1 2025 reclassification is due. Current quarter ends 03/31/2025.
Payment Schedule
Detailed payment schedule
| Payment Date | Loan | Lender | Payment Amount | Principal | Interest | Remaining Balance | Actions |
|---|---|---|---|---|---|---|---|
| Loading schedule... | |||||||
📊 QuickBooks Account Structure
How Notes Payable is classified in your chart of accounts
Current Liabilities
Account: Current Portion of Notes Payable
Principal payments due within 12 months from the balance sheet date
Long-Term Liabilities
Account: Notes Payable - Long Term
Principal payments due beyond 12 months from the balance sheet date
Amortization Schedule
60 payments| # | Payment Date | Payment | Principal | Interest | Balance | Status |
|---|---|---|---|---|---|---|
| Select a loan above to view amortization. | ||||||
Analytics Dashboard
Analytics Coming Soon
This module is currently under development.
Available Reports
Reports Coming Soon
This module is currently under development.
📋 Add New Loan
📋 Loan Details
📜 Recent Payment History
| Date | Type | Amount | Principal | Interest | Status |
|---|---|---|---|---|---|
| No payment history available. | |||||
🔗 Linked Collateral Asset
💰 Payoff Loan
This will pay off the entire remaining balance plus accrued interest and create a closing JE in QuickBooks.
✅ Loan Paid Off
🔗 Link Existing QuickBooks JE
Attach an existing QuickBooks Journal Entry to this loan without creating a new one.
✅ JE Linked Successfully
Reverse Payment?
Are you sure you want to reverse this payment? This will post a reversing Journal Entry in QuickBooks and restore the loan balances.
Payment Reversed
The payment has been successfully reversed. A reversing Journal Entry was posted and loan balances have been restored.
Delete Loan?
Are you sure you want to permanently delete this loan? This action cannot be undone. Existing QuickBooks journal entries will NOT be reversed.
💵 Record Payment
✅ Payment Recorded — Breakdown
🔄 Quarterly Reclassification
ℹ️ What is Quarterly Reclassification?
This process moves principal payments due within the next 12 months from Long-Term Liabilities to Current Liabilities. This ensures your balance sheet accurately reflects upcoming obligations.
Reclassification Details
| Loan | Lender | Current Balance | 12-Month Principal | Already in Current | To Reclassify |
|---|---|---|---|---|---|
| Select a quarter-end date and click "Preview" to see reclassification amounts. | |||||
| Total | $0.00 | $0.00 | $0.00 | ||
Journal Entry Details
| Notes Payable - Long Term | $0.00 (DEBIT) | |
| Current Portion of Notes Payable | $0.00 (CREDIT) |