Offsetting entry on a loan
Nevada Mike Member ✭
I have a loan that is auto deducted from a credit card and I have that loan booked as a loan under Debt. How do I connect the payment within my credit card to the loan? This should seem simple and I at a loss. Thank you for anyone who could assist.
Hello @Nevada Mike
Thank you for taking the time to visit the Community to ask your question.
Please navigate to the loan and go to "Edit Loan Details" in the loan account, then navigate to "Bill Reminder."
Be sure to select the "Pay from" and choose the credit card account. As well as the option to use a "Detailed Reminder" to display the split properly in the register.
The reminder in the register should look like this and will transfer the payment from the credit card account and pay down the loan.
I hope this helps!
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