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Very useful. Some issues with mobile devices filling out fillable forms and not all the data showing up on the completed form. Loading times could be a little faster. Also, I shouldn't have to give the app approval to access my email each time I upload a new file from my gmail account. Once should be enough, and the connection should be remembered, but it's not.
2017-12-05
Awesome!! if i could erase letters without distorting the background that would be awesome. i would give 5 stars for that. Otherwise if i could 4.75 I WOULD!!!
2018-05-04
PDF filler is great!
it allows me to update an existing PDF document relatively easy and quick. Love that about PDF filler!
I like how user-friendly it is. Definitely easy to use, even for a beginner! It also enhances the PDF file you are trying to update.
I think every feature within PDF filler should be available to a paying member and not have these tiered membership structures.
2017-11-21
Good Product
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The Editing feature on this product was hard for me to master
2023-01-13
The platform itself is just brilliant
The platform itself is just brilliant. All the features available make everything so much better, i do wish more companies would start to see it's potential and use it.
2021-08-23
Only would like a print out instruction…
Only would like a print out instruction sheet. I love being able to create contacts in a few minutes. Make my template and just fill in the info to create a new contract.
2021-04-05
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2021-02-27
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2020-12-15
The Quarantine Helper...
It has worked perfectly great in this time of need in which everything is been done from home. An excellent assistance to work from home.
2020-05-04
Load Payment Record Feature
The Load Payment Record feature streamlines the process of managing payment data. It enables you to upload and organize payment records effectively, saving you time and reducing errors.
Key Features
Easy upload of payment records in various formats
Automatic data validation for accuracy
User-friendly interface for effortless navigation
Real-time processing to enhance efficiency
Integration with existing financial systems
Potential Use Cases and Benefits
Businesses seeking to manage large volumes of payment data easily
Finance teams looking to ensure accuracy in financial reporting
Organizations aiming to improve the speed of financial transactions
Accountants needing to consolidate records from multiple sources
The Load Payment Record feature helps you solve the common issue of managing payment information. By automating the upload process and ensuring data accuracy, it reduces the workload of your finance team, allowing them to focus on strategic tasks instead of manual data entry. This ultimately enhances productivity and promotes a smoother financial operation.
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How do I record a loan payment?
To record the loan payment, a business debits the loan account to remove the loan liability from the books, and credits the cash account for the payment. For an amortized loan, payments are made over time to cover both interest expense and the reduction of the loan principal.
Is a loan payment an expense?
Is a Loan Payment an Expense? A loan payment often consists of an interest payment and a payment to reduce the loan's principal balance. The interest portion is recorded as an expense, while the principal portion is a reduction of a liability such as Loan Payable or Notes Payable.
Is loan payment an expense on income statement?
Definition of Loan Principal Payment The principal amount received from the bank is not part of a company's revenues and therefore will not be reported on the company's income statement. ... The interest on the loan will be reported as expense on the income statement in the periods when the interest is incurred.
Is a loan payment a business expense?
Yes, for the most part, you can write off your business loan interest payments as a business expense. ... You and the lender must agree that you intend to pay off the debt. And you and the lender have a true debtor-creditor, or lender-borrower, relationship.
How do you record loan payments in accounting?
To record the loan payment, a business debits the loan account to remove the loan liability from the books, and credits the cash account for the payment. For an amortized loan, payments are made over time to cover both interest expense and the reduction of the loan principal.
Where do loans go on an income statement?
Loans interest payment is recorded as expense in income statement. A loan's principal payment will not be included on the income statement. The principal payment is a reduction of a liability, such as Notes Payable or Loans Payable, which is reported on the balance sheet.
How does a bank record a loan?
When a company borrows money from its bank and agrees to repay the loan amount within a year, the company will record the loan by increasing its cash and increasing a current liability such as Notes Payable or Loans Payable.
Is a bank loan an expense?
Is a Loan Payment an Expense? A loan payment often consists of an interest payment and a payment to reduce the loan's principal balance. The interest portion is recorded as an expense, while the principal portion is a reduction of a liability such as Loan Payable or Notes Payable.
Do loans go on income statement?
Loans interest payment is recorded as expense in income statement. A loan's principal payment will not be included on the income statement. The principal payment is a reduction of a liability, such as Notes Payable or Loans Payable, which is reported on the balance sheet.
Is bank loan a debit or credit?
When you receive a loan it is a debit to you (increase in cash — any increase in assets is a debit) and a credit to you (increase in liabilities, i.e. debt). When you pay it back, each payment is a credit to your assets (reduce cash) and a debit to your liabilities (reduce debt).
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