Loans & Advances (Asset)

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 Create account button or press the Alt+N key
  • Select Loan Advance (Asset) ledger on Under group ledger drop-down list

 Field information for Loans & Advances (Asset) ledger:

Under groupHere select the Loan & Advance(Asset) account. 
Account NameHere write your account name. Mandatory field
Short/Alias NameHere write your account short name 
EmailHere write your account Email address 
Mobile no.Here write your account mobile no. 
Opening BalanceHere 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.