Loan borrowed

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To create a bank receipt to record a loan provided to a company:

1. Do one of the following:
   • To generate a bank receipt based on a source document, select or open the source document. Then, click Generate > Bank receipt. For example, a source document can be a loan contract with Loan type = Borrowed.
   • To create a bank receipt from scratch, go to Cash management and under Bank, click Bank receipts. Then, in the Bank receipts list, click Create.
2. Specify general details:
   • Set Operation to Loan borrowed.
   • Select Lender to indicate a person or an organization that lent money to your company.
   • Specify Loan contract that the contract that defines the loan terms.
   • Fill in Amount to indicate the total payment amount.
   • Fill in Account to indicate a company’s bank account for receiving the payment.
   • Fill in other fields as necessary.
3. Optional: On the Additional information tab, specify additional information.
4. Click Post and close.

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