Thanks for posting here, @Suarez-L,

The process of recording Line of Credit in QuickBooks can be confusing, but once you get a hang of it, then it should be easy for you. I want you to know that I’m happy to explain anything in more detail so you're guided properly.

For the first step, we need to create the Line of Credit account in the COA. Here's how:

1. Go to Lists menu then Chart of Accounts.
2. Right-click anywhere then press New.
3. Choose Loan then Continue. If you don't see this option, pick Other Account Types then Other Current Liability
4. Press Continue to proceed.
   
5. Enter the details of your LOC then press Save and Close.

Regarding the process of how you record and which transactions to create depends on how you use the line of credit for. If you use the LOC to put money into your account, use the Transfer Funds or Make Deposits option to increase the bank balance.

If you're paying the LOC, you can simple write checks from the Banking menu. To do that, follow the steps below:

1. Go to the Banking menu then Write Checks.
2. For the Pay to the Order of field, enter or add an LOC vendor.
3. Add the interest and the principal or the LOC account we created earlier (Loan or Other Current Liability).
   
4. After putting the amount Save and Close.

When you use the LOC to purchase something, you can use journal entries or other expense transactions in QuickBooks. Then when you pay, use a check so it's easier to record and trace the payment.

By following this, you should be able to match and balance the entries in the register.

If you have any questions about the steps or the process, just reply to this thread and it will come right back to me. Have a good one!