Zoho Invoice

FAQ

How do I record repayment for a loan?

To record a loan repayment, please follow the below steps.

  • Go to the Expense module from the left sidebar.
  • From the Category Name drop down, select +New Category.

Record repayments

  • Enter the Category Name as Loan Repayment and add a description if necessary.

Record repayments

  • Enter the amount you would be paying as a repayment.Add Tax from the drop down if applicable.
  • Add any reference number or notes if necessary.
  • Choose the contact from whom you obtained the loan from the Customer Name drop down.
  • Click Save to record the expense.

Record repayments

Was this document helpful?
Yes
No
Thank you for your feedback!
Want a feature?
Suggest
TOP