SageForum for UK versions of Sage 50- Help and support.

Hi, Please can you help me. In the past we had money paid to the company as a loan 1 from a director one from another company. I am making the payments back but they are wanting interest on these payments. PLease can you tell me how I put this interest payment onto Sage.

I have been paying without interest and just been told interest should be calculated on it. So could do with some help, please

Thanks

A journal between an interest account down near bank interest and the loan account up in the balance sheet.