I'm wanting to add an interest component to a long term loan liability account. Finance manages financial planning and accounting including financial reporting, payroll services, purchasing, accounts payable, and business licenses.The City is giving loans to private businesses, and Alamedans want to know why. Learn about recent loans to a housing developer and bakery. As you prepare your tax documents for filing, please review the following information pertaining to IRS Form 1098 (Mortgage Interest Statement).