How to Manage Semi Financing with MYOB?

Question

Hello MYOB Community!
I'm in the process of securing&nbsp;to grow my logistics business, and I want to ensure I’m fully prepared to manage this new financial responsibility within the MYOB platform. Could anyone share detailed insights or advanced tips on how to set up semi financing accounts in MYOB for tracking of payments, interest, and overall cash flow? Are there any specific features or reports in MYOB that can help me stay on top of the financials?
Any tips that can help me manage this loan are appreciated. Thanks in advance!

daldabrs · Answer

To manage semi financing in MYOB, set up a liability account for the loan , an expense account for interest, and use recurring transactions to track payments.

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How to Manage Semi Financing with MYOB?

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