Ideas for Tracking Your PPP Loan Expenses and Proceeds in QuickBooks
Need some guidance on how to track your Paycheck Protection Program (PPP) loan expenses and proceeds?
These videos should help!
They demonstrate some ideas on how to track your PPP expenses, loans, and potential loan forgiveness.
NOTE: If you didn’t qualify for this program just yet, I feel your pain! Neither did I, nor many of the clients I work with.
TRACKING PPP EXPENSES AND LOAN PROCEEDS IN QUICKBOOKS PRO/PREMIER
TRACKING PPP EXPENSES AND LOAN PROCEEDS IN QBO (QUICKBOOKS ONLINE)
SHARE YOUR IDEAS AND QUESTIONS!
Let us know what questions you may have about the loan tracking process – we’re all learning about how this is working right now.
Or, if you’re using an alternate approach that seems to be working for your business, I’d love to know that too!
Just use the comments box in the blog post below…
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How do you lobby for the SBA to allow the PPP to ALSO be used for the new COVID-19 related expenses associated with re-opening the economy. Things like hand sanitizer, disinfectant wipes, masks, etc. This would not only help defray the additional cost of doing business in the new normal, but might allow business to prepare (stock up) for a potential second wave.