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BLACK FRIDAY SALE 70% OFF QuickBooks for 3 months* Ends 11/30
Buy nowHi @Teri
Sorry for bringing out this old thread but I have the same question someone ask and I would like to make sure I understood.
So are you saying that a loan to a subcontractor could be classified as an Asset? And as someone mentioned above, would I select the Detail Type as 'Loan to Others' and Name it something like Loans to Subcontractors? Would I then deduct from the subcontractor's payment or is there a better way?
Maggie