Check the lender’s balance

Open Accounts and owners, then Loans. Record the lender’s balance and its date to see whether your books match on that date.

Loans checked against a lender’s dated balance.
Loans checked against a lender’s dated balance. View full size (opens in a new tab)

Split loan payments

In Transactions, Split… divides a loan payment between principal and interest. Giving the loan’s annual rate lets Nani calculate the split. Compare the year’s interest with the lender’s records and review differences with your CPA.

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