Posting loan disbursements

After printing the vouchers, you need to enter a transaction showing the lender’s disbursement of funds to the vendors.

For speculative jobs, enter a transaction in the 1-2 Deposits and Interest window that debits the Voucher Clearing account and credits the Loan Payable account.

For all other jobs, enter a transaction in the 3-3-1 Cash Receipts window that debits the Voucher Clearing account and credits the appropriate receivable invoices.