How to Record Loan in Sage 50
If you need to set up a new general ledger account. So go to Maintain > Chart of Accounts. Enter a new number in the Account ID field. The new account should be a liability and will start with a 2 if you are using a standard Sage 50/Peachtree chart of accounts. Let's look at how to record a loan in sage 50 . Click for more info- https://www.accountingadvice.co/how-to-record-loan-in-sage-50/
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