QuickBooks For Finance Companies

Finance companies using QuickBooks Must use QuickBooks desktop because it can add interest on finance charges to customer invoices. It can use the finance charge feature to charge customers interest and keep track of their interest payments and principal balance for any loan or mortgage you may give them. QuickBooks can put interest on invoices for you. If you lend money as you way of operating, you need to track interest and principal balance separately to know what to invoice the customer. You can run a finance company with only the principal balance item in the items list and just assess finance charges on open balances as a normal monthly procedure. This video will show you how you can do that.
Here is a tutorial on how QuickBooks Desktop calculates interest charges..
https://www.youtube.com/watch?v=h_Xt7A7r7Gg&list=PLqRhgBZfJuE7fIOPI0w5OYXS-LeAdYrrN&index=10
Here is QuickBooks desktop for home finance
https://www.youtube.com/watch?v=ysMRuMfP-2Q&list=PLqRhgBZfJuE5WU4zmVZl3la16kalJYp3F
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Видео QuickBooks For Finance Companies канала thequickbooksdude