Covid-19 Bookkeeping Series: How to Properly Record PPP Loan Receipt and Spending
This post will focus on the entries to be booked when your business receives the PPP loan disbursement and expense tracking of those funds. All instructions and screenshots use QuickBooks Online (QBO). If you use a different accounting software, you will need to modify accordingly. PPP Loan Disbursement Setup Setup a Sub-Bank Account for PPP […]