How do I process an Interest Expense for an investment account?
In order to record an interest expense against a particular investment, create a new Income/Expense Type.
Navigate to Business Level > Settings > Investment Expense
- Select "General Expenses" to Category Type
- Click on Add New Income Expense Type button
- Set up the new expense type, below is an example
For more details, refer to our User Guide, Set up a new income type and Set up a new expense type.