I strongly second this!
I used Loan Manager for all loan because it made life easy: After setting up a loan, it would automate everything ... automatically calculate the interest & principal portions of each payment and record it. Thus, ensuring interest expense & loan balances were accurate.
Now, I see no other option but to manually do this myself ... for each and every loan ... for each and every month. This will take tremendous time and effort.
I was told I had to upgrade to get the new payroll tax tables. It was disheartening to discover after the fact that this feature was gone. My choices were to go back to the old QB (and have out of date payroll taxes - not an option CRA agrees with) or keep the new version with no Loan Manager.
Please, please, bring this feature back!
Are there any other options available for recording loan payments?
