Keeping track of splits between principal and interest in every loan or capital lease payment is a pain.
Automate it with fynease to properly recognize interest expense and your loan or capital lease liabilities in QuickBooks Online.
Simply input terms of your loans and leases to create your loan payment and amortization schedule (or upload one you already have).
Book journal entries to automatically recognize split of interest expense and reduction in liability in each payment. Bulk-posting of multiple schedules across multiple entities supported.
Bulk-posting of multiple schedules across multiple companies with a single click!
Other ways fynease helps transform your accounting work.
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