How do I enter shareholder loans

Hi ayamagift4u-gmai,

Welcome to Community!  QuickBooks Online is an exceptional cloud based accounting program that provides the availability to work from anywhere.  Recording a shareholder loan is a process that can be completed seamlessly.  I'll be happy to provide more information and assist you with your QuickBooks goals!

To get started, you'll need to set up a liability account for the loan.  Here's how:

1. Go the the Gear ⚙️ in the top right

2. Open the Chart of Accounts

3. Click on New

4. Choose either Other Current Liabilities or Long Term Liabilities from the Account Type ▼ dropdown menu, depending on the type of loan and repayment time frame

5. In the Detail Type drop-down list, select either Other Current Liabilities or Long Term Liabilities

6. Give the account a Name 
7. Leave the Unpaid Balance field blank

8. Hit Save and close.

Continue by creating a journal entry for the loan by following these steps:

1. Select + New from the left menu

2. Under Other, select Journal Entry

3. Enter the amount of the loan and include the proper amounts to the appropriate expense accounts

4. Hit Save and close

When you're ready to record the loan payments, go to:

1. + New

2. Select Cheque

3. Choose the liability account you created for this loan From the Account ▼ dropdown menu

4. Enter the payment Amount 

5. Hit Save and close.

Here's a helpful article for future reference on how to record a company loan in QuickBooks Online.

If you have any other questions, please don't hesitate to reach back out.  We'd love to help!