This transaction type is available if the Enable Long-Term Credits and Loans option is selected on the Administration > Settings > General Settings form.
You can create a Bank Receipt (Loan Receipt) document to register the receiving of a loan principal amount from your company's lender.
Bank Receipts (Loan Receipt) can be used as basis for the following documents:
- Money Transfer: In case you want to transfer the received funds to another bank account or cash account.
- Loan Payment: If you need to register any loan repayment installment to be paid back to the lender.
- Event: If you need to schedule an event regarding this document.