How to Deal with QuickBooks Loan Manager Not Working Error?

by Andrew Walker Accounting, Bookkeeping Services and Training by E

When it comes to QuickBooks Loan Manager, it reflects loan in QuickBooks based on the information provided in your long-term debt and other short-term debt accounts. Additionally, users can track both principal and interest without using an amortization chart to value the account. As mentioned earlier, loans in QuickBooks are set up according to the information you provide. These amounts are recorded manually using journal entries. However, you may experience issues related to Loan Manager, such as QuickBooks Loan Manager not working. To deal with these types of issues, users should read this section very carefully. Additionally, users can also contact us via his Tech Line.

QuickBooks Loan Manager creates an Amortization Schedule depending on the following inputs:

·         Loan A/C selected from COA

·         Loan Amount

·         Start Date

·         First Payment Date

·         Payment Issue

·         Escrow Payment Amount

·         Escrow Payment Account from Chart of Accounts

·         Interest Rate

·         Interest Period

·         Payment A/C Selected from COA

·         Interest Expense Account Selected from COA

·         Fee or Fee Account Selected from COA

Steps How to Fix Loan Manager Not Working in QuickBooks Desktop

Below are the steps that users need to follow to resolve Loan Manager issues.

Solution 1: QuickBooks Loan Manager data validation is missing.

·         The user must click Banking and select Loan Manager.

·         Click Add Loan and then click the Edit Loan option.

·         The data you entered will be displayed at the bottom of the Loan Manager.

·         If QuickBooks Loan Manager details are missing, users should contact our support team.

Solution 2: Use Quick Fix My Program

Step 1: Download and install QuickBooks Tool Hub.

·         First, close QuickBooks.

·         Also download and save the QuickBooks Tool Hub file.

·         User must open QuickBookstoolhub.exe.

·         Click the QuickBooks Tool Hub icon.

 Step 2: Run Quick Fix My Program

·         This process requires the user to open the program issue from his QuickBooks Tools Hub.

·         Also select the Quick Repair Programs option.

·         Finally, open QuickBooks and check if the QuickBooks Loan Manager not working issue appears on your screen.

Solution 3: How to enable compatibility mode in Internet Explorer 9, 10, or 11

·         Users must open Internet Explorer and click the Tools tab.

·         Users will now have to select a compatibility view.

·         Next, select "Show all websites in Compatibility View" and select the "Close" tab.

Solution 4: Run the Reboot.bat file.

·         If QuickBooks does not have Loan Manager, the user must restart the system.

·         First, right-click the QuickBooks desktop icon and select Properties.

·         Also select the Properties tab and go to the Open file location option.

·         Now you need to right-click on the bat file.

·         Also select the Run as administrator tab.

·         User must wait for the reboot.bat file utility to complete its task.

Solution 5: Reset Internet Explorer to default settings

Resetting Internet Explorer settings to default may also help resolve issues caused by Loan Manager not working.

·         First, click Tools in Internet Explorer.

·         Also select Internet Options.

·         Users must access the Internet through the Security tab and also select the Standard tab.

·         Now click on Local Intranet and continue selecting the standard level.

·         Click Restore Advanced Settings on the Advanced tab.

·         Click the Apply tab, then click the OK tab.

·         Finally, open QuickBooks and see if you can successfully run Loan Manager or Cash Flow Projector.

Conclusion:

QuickBooks Loan Manager is one of the most useful features. Therefore, it is important to fix the error immediately. After reading this article, you can successfully get rid of the QuickBooks Loan Manager not working error. Conversely, if you need our assistance at any time, please feel free to contact our QuickBooks support experts at +1-800-360-4183. Let me clear up all the confusion.

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Created on Jan 2nd 2024 04:17. Viewed 50 times.

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