Line of Credit

@lisa-2i-t-com 

No need for a journal entry.  Just create a deposit into the bank account and assign your LOC other current liability account (OCL) to the deposit.  If you don’t have an LOC OCL, set one up.  

Do you have a screenshot as to what that would look like?

@lisa-2i-t-com 

To set up the new LOC, go to Transactions > Chart of Accounts > New:

For the deposit into your bank account, go to New > Deposit:

Gotcha...

Guess I am just overanalyzing this, but since the $$ didn't come from the checking (or any account) & it was just the fee/ advance for starting the LOC, I felt like I couldn't take that approach.

Thanks for the screenshots!