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How to set a family loan where I am the lender

Looking through the archive I saw instructions that I believe apply to Quicken for Windows to set up a family loan, but no similar version for Mac.  I know the loan is an asset, but I cannot see how to get Quicken to recognize that the asset is loan for which I am going to receive a stream of periodic payments.

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Answers

  • Clinton
    Clinton Member ✭✭
    You can't set it up as a Loan on your end because that would be a liability rather than an asset.  You could create a manual Savings or Asset account, then set up a recurring scheduled deposit that represents loan payments back to you.  You can specify an end date with the reoccurring event, which represents when the loan would be fully repaid.
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