Hi all, Anybody knows what is the effect of defining an account as 'Loan Account'? I am in a situation here where the bank account type and the loan account are the same, but I don't know if I should create just one, as bank account, or two.
I'm just wondering too if the financial account section is the right place to put all the transactions (deposit/withdrawal) made by the company (as internal org) like granted loans, purchase of fixed assets, etc. that should be posted on the GL and apply the amount to an specific fin. account. I'll appreciate if someone can shed some light on this. -- ----- Jonatan Soto
