I presume that you currently "expense" the loans. They really are not
an "expense" but a change of asset (from your savings account to a
receivable.
1. Add a new Asset account called "FaF Loans" (Friends and Family
Loans). Mark it as a placeholder.
2. Under FaF add a new account for each
I have lent monies to a family member and now wish to track the balances on an
ongoing basis. I have been looking at the guides etc but just cannot
understand the concept / account hierarchy given my circumstances.
The software I am using is:
* Version: Version: 4.1, Build ID:
