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Quicken enables businesses to create line of credit accounts to track loans from financial institutions. The line of credit account setup is similar to setting up other accounts. Quicken doesn't have a line of credit account option, so you need to set up the account as a credit card. You only need to know the starting date of the credit line and the current balance to create the account.

 

1

Click the "Add an Account" button on the bottom of the Account Bar on the left side of the Quicken window.

 

2

Click "Credit Card" to open the Add Credit Card Account window, and then click "Advanced Setup" at the bottom of the window.

 

3

Click the radio button next to "I want to enter my transactions manually," and then click "Next."

 

4

Enter a name for the account in the "Account Name/Nickname" text box, and then click "Next."

 

5

Enter the date in the "Statement Ending Date" text box, and the balance in the "Statement Ending Balance," and then click "Next." A confirmation message appears informing you that the account was created. Click "Finish" to exit the confirmation message.

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