pippypip
2 years agoTrusted Cover User
Loan
I have recived a loan payment into my business account but i dont know where to allocate it.
Also how do i allocate the repayments.
I have recived a loan payment into my business account but i dont know where to allocate it.
Also how do i allocate the repayments.
Hi pippypip
Thanks for the post. The help article, Loans and repayments, has detailed information and instructions to assist with this.
If you are not sure which accounts to allocate transactions to, you have to consult with your bookkeeper or accountant.
Please let me know if you need further help.
Kind regards,
Sai