Here you are able to manage your loan advance account.
Create Loan Advance (Assets) Ledger:
- Go to the Account module in the left sidebar
- Click on the Create Account button or press the Alt+N key
- Select Loan Advance (Asset) ledger on the Under group ledger drop-down list
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Field information for Loans & Advances (Asset) ledger:
| Field | Description | Note |
|---|---|---|
| Under group | Here select the Loan & Advance(Asset) account. | |
| Account Name | Here write your account name. | Mandatory field |
| Short/Alias Name | Here write your account short name | |
| Here write your account Email address | ||
| Mobile no. | Here write your account mobile no. | |
| Opening Balance | Here put your ledger opening balance | |
| Is Active? | Here if you select “Yes” then this account is shown in all modules and if you select “No” then this account is not shown in all modules. |
