Setting Up a Loan Account

James114

I want to set up an offline loan account.

But when I click the Offline Account and Cash there is no option for a loan account.

How should I set this up?

James

bmciance

A loan account is a liability, not cash (unless you are giving the loan to someone, then it is an asset).

Also, I assume you do not have the Starter version of Quicken. You need Deluxe or higher to set up assets and liabilities.

bmciance

A loan account is a liability, not cash (unless you are giving the loan to someone, then it is an asset).

Also, I assume you do not have the Starter version of Quicken. You need Deluxe or higher to set up assets and liabilities.

James114

I have the Starter.
Maybe I'll show it as a cash account.