A Guide to Bank Loans in Xero

Accounting for bank loans can sometimes be confusing. In this video we walk through the correct way of recording different types of transactions relating to business bank loans in Xero, so that they are represented correctly in the accounting reports.

Video shortcuts:
00:00 Introduction to bank loans in Xero
00:39 The bank loan statement
01:37 How to record a bank loan received in Xero
02:50 How to record bank loan repayments in Xero
05:35 How to record bank loan interest in Xero
10:09 How to check bank loan balance in Xero
12:07 What if the bank loan balance in Xero doesn't match the statement?
13:42 How to add bank loan to dashboard watchlist in Xero

The full article can be found at https://www.xenonconnect.com/a-guide-to-bank-loans-in-xero/

Видео A Guide to Bank Loans in Xero канала Xenon Connect