​Opening a Loan

Modified on Tue, May 14 at 12:43 PM

A new loan is not budgeted. It increases the liability account for the Loan Payable. The Opening a Loan template is used. This example illustrates a single loan planned for August. For multi-entity configurations, an entity must be provided, since fixed asset purchases and sales are not budgeted.


Opening a New Loan template





Balance Sheet Impact One Amortized Line

Balance Sheet Impact - One Amortized Line

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