Thanks for getting back here in the thread, @Marufa0013. I'm joining in to help you ensure your loan repayment is tracked accurately inside QuickBooks Online (QBO).
Yes. The steps provided after entering a check and adding basic details are to ensure the repayment is tracked precisely inside your company file. Entering further details or categories would help make the transaction recognizable inside the program. If you're unsure what liability account to use, it's best to contact your accountant so they can help you out.
In addition, we recommend checking these articles to help you track what you've entered inside your company file:
We look forward to having you here again if you have other QuickBooks-related concerns or need further assistance tracking loan repayments inside QuickBooks, @Marufa0013. We'll be happy to help you out again. Keep safe.
