Blogs

Mortgages Accounting on Principal and Interest

Q: Hi Gita! What is the best way to account for a loan with both principal and interest payments? We collect rent, but need to pay off a mortgage. Should I have separate expense accounts for both principal ...

Audit Trial within QuickBooks

The Audit Trial report lists each accounting transaction and any additions, deletions, or modifications that affect that transaction. Any information about the transaction that has been changed is hi...
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