How do I Show Loan Payments in the Current Account?

This small article gives information on showing Loan Payments within the package.


Loan payments are shown as a Long Term Creditor.

When your Current Account is credited with the Loan amount, this will be shown in the receipt's section in the Current Account sheet from the Long Term Creditor account (code LCR)

When the Loan is paid off this will be processed as a payment (in the Payment's section) of Current Account also using the Long Term Creditor account code LCR. 

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