How to receive payment on a Lender Loan

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Cindi Anderson
Cindi Anderson Member ✭✭✭
in Registers & Transactions (Windows)
I have some Lender Loans. There used to be a pull down to "receive a loan payment" but now it's not there. (Quicken Deluxe for Windows). What is the correct way to receive a payment on a loan you have made?

Answers

  • UKR
    UKR SuperUser ✭✭✭✭✭
    Options
    I just looked in my Q 2020 in a Test file with an existing lender loan.
    Clicking the Actions gear icon, I can find an Enter Loan Payment selection.

    Alternatively, you can deposit the money received into a Cash or Checking account and categorize it as a transfer to the [name of lender loan account].
  • Cindi Anderson
    Cindi Anderson Member ✭✭✭
    Options
    Weird, mine is gone. But when I did the transfer it did mark the payment as made, and split the amount into interest and principal, which it didn't do previously.

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