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Linking loan to asset not showing up in asset account
tbrekken
Member ✭
I'm not sure why this is so hard, but when I set up a loan and linked it to the appropriate asset, its not showing up in the asset account. Any idea what I'm doing wrong?
0
Best Answer
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It's not clear here what you expect to see.Linking a loan to an asset doesn't make an accounting entry into the asset Account, i.e., you don't see any "dollar" effect. It simply makes a note within the asset "Account Details" that the asset has a loan against it.5
Answers
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It's not clear here what you expect to see.Linking a loan to an asset doesn't make an accounting entry into the asset Account, i.e., you don't see any "dollar" effect. It simply makes a note within the asset "Account Details" that the asset has a loan against it.5
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