BLACK FRIDAY SALE 70% OFF QuickBooks for 3 months*   Ends 11/30

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
daisydays22
Level 3

Reply to message

Hi @Teri 

 

Sorry for bringing out this old thread but I have the same question someone ask and I would like to make sure I understood.

 

So are you saying that a loan to a subcontractor could be classified as an Asset? And as someone mentioned above, would I select the Detail Type as 'Loan to Others' and Name it something like Loans to Subcontractors? Would I then deduct from the subcontractor's payment or is there a better way?

 

Maggie

Need to get in touch?

Contact us