When converting Loan Manager (LM) files, the conversion tool always looks for LM files from the previous version of QuickBooks. It will not look for earlier versions.
For example, you may have updated from QuickBooks 2014 to QuickBooks 2016 and skipped the update to QuickBooks 2015.
Step 1: Restore your Loan manager Information:
Step 2: Reactivate reminders:
Note: You have to perform these steps on each of the loan listed in Loan Manager