Here you are able to manage your unsecured loan account.
Create Unsecured Loans Ledger:
- Go to the Account module in the left sidebar.
- Click on the Create account button or press the Alt+N key
- Select Unsecured Loansledger on the Under group ledger drop-down list.
Field information for Unsecured Loans ledger:
|Here write your ledger name.
|Here write your ledger short name.
|Here write your ledger email id.
|Here write your ledger mobile no.
|Include in assessable value calculation for
|Include in assessable value calculation for not applicable or GST
|Here select your ledger appropriate to the option
|Method of calculation
|Here select the method of selection
|Here write your ledger description
|Here write HSN/SAC code
|Here select the GST rate
|Here select TDS rules.
|Deduct TDS in same voucher?
|Here select Yes or No option.
|Account holder’s name
|Here write your bank account holder’s name.
|Here write your bank account number.
|Here write your bank IFSC code.
|Here select your Bank.
|Here put your ledger opening balance.
|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.