I will most likely use the funds from our PPP loan for payroll. The PPP was deposited to our operating account and i usually record a intercompany transfer. but in this case i want to also track the balances used that i transfer from our operating to our payroll account and at the same time record the total payroll liablity to the PPP (currently liability. how would i do that or should i just leave the total balance of the loan alone?
