Yes, I know how to add a new loan and make payments. The problem is that I have had to start my company as a new one in QBO as my old software was not compatible to import. The loan amount therefore can't be added again in this way as it was already used and spent out of the bank account. I'm just at a loss as to how to record payments made when there is no loan account to pay against.

Perhaps I am not explaining this very well a I am not a bookkeeper; I am a small business owner who does her own books.