5
VOTE
Status
New idea
Workspace
Reckon One
Categories
Banking
Created by
Guest
Created on
Feb 17, 2019
RELATED IDEAS
Loan bank account
A loan account that works similar to Bank account so user can view on Bank accounts screen & reconcile.
Reckon Accounts Personal handles loans.
A credit Card is in effect a loan.
Treating a loan as a non-current liability on the Chart of Account is accounting 101.
At the same time a loan account is a bank account, that most banks support in bank feeds.
Even just allowing the type of a bank in the chart of accounts to be a non current liability would be helpful.
I would like to be able to transact on these accounts with transfers and bills, would save have to create a lot of journals for interest and fees etc..