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How do I enter a loan from a director in Pro connect this is for 501C3 form 990

Level 2

How do i and a loan of 24k from a director.

a ppp loan that is not yet forgiven?

Not sure how to make the balance sheet come out correct. 

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3 Comments 3
Level 15

They are both liabilities.

Ideally, you start with a trial balance.

Level 2

What i need is specific information on how to enter in Pro Connect.

It is more a problem with how to fill out a 990 in Pro Connect and not the accounting aspect. 

Can you help?

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Level 15

Did you try the Help article:



"Level Up" is a gaming function, not a real life function.
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