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 Current Assets ledger 
Ledger nameHere write your ledger name. Mandatory field
Short/Alias NameHere write your ledger short name 
EmailHere write your ledger Email address 
Mobile no.Here write your ledger mobile no. 
Opening BalanceHere put your ledger opening balance