Good day, @cezer2000.
You can create an account of to track the loan you've provided and its payments. I can guide you in doing so.
Here's how to create an account:
- Go to the Gear icon.
- Choose the Chart of Accounts tab.
- Select the New button.
- Set the Account Type to either Other Current Assets or Current Assets.
- Create an Other Current Asset if the loan is to be repaid within the current fiscal year.
- Create an Other Asset if the loan will be repaid after the current fiscal year.
- Pick Loans to Others in the Detail Type drop-down.
- Add a recognizable name like "Customer Loan-LastName".
- Click Save and close without entering an opening balance.
Once completed, you can create a cheque to record the loan that you've issued. Then, you can create a bank deposit to record the customers payments. You can read through this article for more detailed steps: Track customer loans.
Let me know if you have other questions or concerns. I’ll keep an eye for your response.
