How to process the Loan
If the company take the loan from the Mr. John like 100,000. then later on company has to pay back this loan amount to Mr.John.
I have question here how I can enter this complete process in R12, how I can update the bank when I recived the money from Mr.John the amount is 100,000. and when I paid this amount to Mr.John, then how I will settle this.
Thanks