Quickbooks Tutorial - How to Track PPP Loan Expenses

Описание к видео Quickbooks Tutorial - How to Track PPP Loan Expenses

http://QBUniversity.org - In this Quickbooks tutorial I walk through how to record PPP loan expenses. The SBA, in the CARES Act, is requiring that PPP loan proceeds be spent on certain expenses if you want the loan forgiven.

The loan must be spent on payroll and benefits (75%) and rent, utilities and interest on a mortgage (25%). This video walks you through 2 simple ways to track your PPP expenses so that you can show how you spent the money when it comes time to figure out how much should be forgiven.

Discover more at http://QBUniversity.org

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