Record a bank loan deposit
A loan deposit is recorded by creating a bank transfer from the loan account (putting it into a negative balance) into the account the money was deposited into. This will then accurately reflect the debt you owe and the money you received.
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Go to Bank then select Transfer Money.
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Enter the Date that the money was deposited into your bank account together with the Amount borrowed.
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Select the loan account From the list, and the applicable current account from the To list.
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Select Transfer to complete the transfer. The current account will show the loan amount added and the loan account will now show the loan deficit.
