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Small Business Cashflow loan

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Rodders
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Small Business Cashflow loan

In AccountRight what account would you enter the Small Business Cashflow loan in? (The interest free loan announced by the NZ Gvt yesterday) 

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jenniek
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Re: Small Business Cashflow loan

Hi @Rodders 

You would create a loan account in the liabilities area - receive the money into that loan, then code the repayments off it when you pay it back.

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz
Rodders
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Re: Small Business Cashflow loan

Thanks Jennie. Thought that might be the case but just wanted to make sure.

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