Loan Proceeds – Quickbooks Tutorial – How to Record Proceeds from a PPP Loan
Loan Proceeds – 6 Tips
http://QBUniversity.org – In this Quickbooks tutorial I walk through how to record proceeds from a PPP Loan. PPP stand for Paycheck Protection Program, which is a unique loan program in the US that allows small businesses with less than 500 employees to borrow money from the SBA. When certain conditions are met, this loan can be forgiven.
But how do you record the money you get from a PPP Loan in Quickbooks? This video walks you through how to record the PPP Loan proceeds.
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