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Quickbooks Tutorial - How to Record Proceeds from a PPP Loan

Published 6 years ago

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External ressources related to Quickbooks Tutorial - How to Record Proceeds from a PPP Loan

How do I record a PPP loan in Quick Books Self Employed?

https://quickbooks.intuit.com/learn-support/en-us/ffcra-and-cares-acts-including-the-ppp/how-do-i-record-a-ppp-loan-in-quick-books-self-employed/00/551190

Thanks for stopping by the QuickBooks Community. There's a few things to keep in mind on your PPP loan that are required in order to be forgiven. Use the funds within an 8-week period after your lender sent you the funds; Use 75% or more of the funds

Solved: How to record PPP loan forgiveness?

https://quickbooks.intuit.com/learn-support/en-us/ffcra-and-cares-acts-including-the-ppp/how-to-record-ppp-loan-forgiveness/00/557957

Thank you for joining the thread, RB30. The best way to set up the PPP is as a short term liability if you know it would be forgiven. If you're not sure how to create this liability, use this article to set up the loan in QuickBooks Online.

Recording the PPP SBA loan - QuickBooks®: Official Site

https://quickbooks.intuit.com/learn-support/en-us/ffcra-and-cares-acts-including-the-ppp/recording-the-ppp-sba-loan/00/530031

Deposit. Debit banking. Credit PPP Loan or whatever you want to call it as a liability. If you can 110% guarantee that it will ALL be forgiven set it up as a short-term liability since the life of the loan is only 8 weeks, If you anticipate that even a po