Linking loan to asset not showing up in asset account

tbrekken Quicken Windows Subscription Member

August 2019 in New to Quicken/Getting Started (Windows)

I'm not sure why this is so hard, but when I set up a loan and linked it to the appropriate asset, its not showing up in the asset account. Any idea what I'm doing wrong?

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Best Answer

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  Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

  August 2019 edited August 2019 Answer ✓

  It's not clear here what you expect to see. 
  

  Linking a loan to an asset doesn't make an accounting entry into the asset Account, i.e., you don't see any "dollar" effect.  It simply makes a note within the asset "Account Details" that the asset has a loan against it. 

  5

Answers

• 

  Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

  August 2019 edited August 2019 Answer ✓

  It's not clear here what you expect to see. 
  

  Linking a loan to an asset doesn't make an accounting entry into the asset Account, i.e., you don't see any "dollar" effect.  It simply makes a note within the asset "Account Details" that the asset has a loan against it. 

  5

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