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How do you record a business loan taken out by the company?

Question asked by Louise Wright 6 years ago

Hope someone can help as have been unable to find it in the help files or forums. I need to know how to record a loan taken out by the business, I am at the start of the 30 day trial so any help would be appreciated.

Thanks in advance

:-)

3 Replies

Hi Louise

If you look at 'Settings- Getting started' this is where the info shows.
When i started i created an account in 'Money-Bank accounts' eg Louise personal, and show it as money in!
This will then show as a credit till you create a purchase!
After 3 years i'm still learning but hope it helps!

Enjoy and good luck

Stu

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