So to record the interest element of a loan which is an expense, I cannot record it in the liability account related to that loan? What is the appropriate accou...

Hi,As I stated in my original comment, I do not get an expense option when clicking that drop down. what I get is the option between 'transfer' or 'journal', as...

I'm trying to do the exact same thing with a Bounce back loan. The drop down menu within the account just says add transfer and then gives me the options of tra...