I have multiple entities and loans between them. I'm trying to set up a good solution in QuickBooks that will let me make payments directly from the Borrower to the source of cash that funded the loan. I would just do a journal entry to record the transaction.
Example: PML lends to company A... Company A lends to company B... Company B makes payment directly to PML... Company A records tranaction but never handles money directly.
What is the best way to set up accounts in both QuickBooks companies?