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- Right click on your Liability loan and select Edit “Liability” Settings….
The following view appears.
- Click on the Convert to Loan button. You will have a chance to cancel the conversion if you don’t want to continue. If you are sure you do want to, click Convert to Loan.
Make any changes you would like on the updated view. It looks similar to the one you were just on, but now the Type is LOAN.
Click Save
From there, perform the same steps as if you were adding a new loan. Quicken will automatically populate some of the fields from the liability entry, such as your current balance. You can make all of the same changes as you would with a completely new loan.
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