QuickBooks Online Doesn’t Automate Loan or Lease Accounting. You Do.
If you're managing loans or leases for your clients, you’ve likely experienced this:
- A monthly payment hits the bank feed
- You open the amortization schedule
- You manually split the payment between principal and interest
- You cross-check your journal entries in QuickBooks Online
- You repeat the process every month, for every loan
And if you miss one? Your books are off. Interest is overstated. Principal doesn’t match. And the trial balance is suddenly out of whack.
Why This Is a Problem in QuickBooks Online
QuickBooks Online is great for day-to-day transactions. But when it comes to long-term liabilities like loans and leases, it falls short:
- ❌ No built-in amortization schedule
- ❌ No automatic journal entries for interest/principal split
- ❌ No alerts for upcoming payments
- ❌ No audit-ready trail of amortization activity
You’re left managing this critical piece of accounting in a spreadsheet—and hoping no one mistypes a formula or forgets a month.
Fynease Automates It All for You
Fynease removes the manual work from loan and lease accounting by automating everything QuickBooks Online doesn’t:
1. Create Once, Post Automatically
Upload your amortization schedule and let Fynease handle the monthly split between interest and principal. No more guesswork.
2. Auto-Sync with QuickBooks Online
We generate and post journal entries directly into your general ledger—accurately and on time.
3. Clear Audit Trail
Each schedule is saved, timestamped, and tied to journal entries. Export audit-ready support in one click.
4. Multi-Entity Friendly
Manage loans across multiple clients or entities in one place. Perfect for bookkeepers, accountants, and fractional CFOs.
Reclaim Hours and Reduce Risk
Manually splitting loan payments each month wastes time and increases the chance of error. With Fynease, your loan and lease liabilities are:
✅ Properly recorded
✅ Tied out every month
✅ Ready for audit at year-end
👉 Try Fynease free.
Automate loan and lease accounting in QuickBooks Online—and stop dreading month-end.
