Payables and Cash Management - EBS (MOSC)

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How to process the Loan

edited Jun 17, 2013 3:13AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered
Dear,

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

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