My business needed some cash so I transferred money from my personal account to the business account as a loan and planned to get it back when things get better.I wrote a few personal checks for the business and a few months later started taking back.Can someone tell me the correct way to note this on QuickBooks?* I have signed a loan agreement and the business is also paying me interest (lower than what the bank would charge) which I WILL report on my personal taxes. Answer1:While I dont use Quickbooks, There should be a line on the accounting report for "Business Loans" or "Loans"... Something of that nature. If not, place the note in the "Misc" expenses section, with a note on what its for.