How to Record a Bank Loan and Repayments

To record a bank loan, click menu File > New > General Transaction. The General Transaction window will be shown:

Bank Loan from Barclays

Enter the details of the loan into the following fields:

Once you've entered the loan details, click OK to save it. The new transaction will appear in the Transactions list (menu Window > Transactions).

To record a repayment of the loan principal, simply create another transaction from 'Cheque Account' to 'Bank Loans':

Loan Repayment

Note: This repayment amount should not include any interest. The interest component of a repayment should be recorded as a separate transaction