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April 4, 2021
Question

Does Quick books supports Finance companies which are into Group Finance like SHG? Automatic calculation of interest required.

  • April 4, 2021
  • 1 reply
  • 3 views
No text available

1 reply

Kristine Mae
Moderator
April 4, 2021

It seems like you're referring to the company's industry, Taxpro915-gmail-. I'm here to help you.

 

When you set up your account, you have the option to select the industry that fits your business. 

 

 

Concerning the auto-calculation of interest, the feature is unavailable. You'll have to enter the amount manually to any sales or expense transactions. First, you'll have to create a service item for the interest. Then, add it to the line item of any transaction. 

 

Reach out to us if you need anything else. The Community is available 24/7 to help you. Take care!