is there an account I can use as a "holding account" for the total amount of the loan before I apply it to each expense? I need to go through all the receipts to see what goes to what/who after I get the company up to date with what is just on the bank account (the Partner's also paid for things out of pocket prior to opening the bank account, I know how to record those).
You could make a cash type bank account title it partners or something, deposit the funds and use the partner liability account as the source account for the deposit. Then enter checks, do not print, for each expense
