HomeBank

loan to family member

Asked by John Mansfield

I have given a loan to a family member. The balance as at 01/09/20 was £500. Each month the family member pays £50. This payment is via an electronic payment into my cheque account.

How do i setup Homebank to track;

a) the initial loan of £500
b) running balance after each months repayment
c) transfer loan repayment of £50 each month to a savings account.

Thank you.

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Launchpad Janitor (janitor) said : 		#1

This question was expired because it remained in the 'Open' state without activity for the last 15 days.