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[v11] how to handle Loans granted to Company


#1

I see there is a very sophisticated loan management tool which is limited to loans from the company to it’s employees.

Well there is another type of loans that may occur. Loans given to the company from outside parties (Individual, Company, Bank) which need to be paid back. How would you suggest to manage such received loans?

Actually the same functionality as the Employee Loans would be nice, but I am afraid the creators of that didn’t make it flexible enough, so … any way other then full “manual Loan management” (*)?

(*) that would be creating Journal Entries against a Party (which, as we want to track a liability, must be a Supplier I guess, even though it may be a family member or a personal friend)


#2

found the “Shareholder” Party Type, so I guess that would be a better match then using the “Supplier”