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Simple way to follow a loan as a lender

AssetBuilder
Member ✭
I lended 100K @ 12% to a friend from my checking account (12 payments of 1,000). Can someone run me through how to best set up this situation to follow the loan ?
I have Quicken Deluxe for mac Version 5.14.2 (Build 514.31850.100)
I have Quicken Deluxe for mac Version 5.14.2 (Build 514.31850.100)
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Best Answer
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QMac does not currently have the ability built-in to track a loan that you make. Instead, you can create an asset account and manually create the entries of principal and interest calculations and payments made.
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(Canadian user since '92, STILL using QM2007)5
Answers
-
QMac does not currently have the ability built-in to track a loan that you make. Instead, you can create an asset account and manually create the entries of principal and interest calculations and payments made.
Have Questions? Help Guide for Quicken for Mac
FAQs: Quicken Mac • Quicken Windows • Quicken Mobile
Add your VOTE to Quicken for Mac Product Ideas
Object to Quicken's business model, using up 25% of your screen? Add your vote here:
Quicken should eliminate the LARGE Ad space when a subscription expires
(Canadian user since '92, STILL using QM2007)5
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