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		<title><![CDATA[FrontAccounting forum — General Ledger question or maybe COA]]></title>
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		<description><![CDATA[The most recent posts in General Ledger question or maybe COA.]]></description>
		<lastBuildDate>Sun, 18 Aug 2024 18:45:55 +0000</lastBuildDate>
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			<title><![CDATA[Re: General Ledger question or maybe COA]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=43333#p43333</link>
			<description><![CDATA[<div class="quotebox"><cite>apmuthu wrote:</cite><blockquote><p>Just 3 current accounts of shareholders.</p></blockquote></div><p>Sorry I am a bit thick...</p><p>3 GL accounts? like 2681-2683 and then the current balance would be available from a GL Inquiry?<br />--<br />update:</p><p>Yes that works and makes sense.</p><p>Thanks</p>]]></description>
			<author><![CDATA[null@example.com (tom)]]></author>
			<pubDate>Sun, 18 Aug 2024 18:45:55 +0000</pubDate>
			<guid>https://frontaccounting.com/punbb/viewtopic.php?pid=43333#p43333</guid>
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			<title><![CDATA[Re: General Ledger question or maybe COA]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=43329#p43329</link>
			<description><![CDATA[<p>Just 3 current accounts of shareholders.</p>]]></description>
			<author><![CDATA[null@example.com (apmuthu)]]></author>
			<pubDate>Sun, 18 Aug 2024 16:27:00 +0000</pubDate>
			<guid>https://frontaccounting.com/punbb/viewtopic.php?pid=43329#p43329</guid>
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			<title><![CDATA[General Ledger question or maybe COA]]></title>
			<link>https://frontaccounting.com/punbb/viewtopic.php?pid=43326#p43326</link>
			<description><![CDATA[<p>In my past usage of FA I have been the only shareholder and from time to time used &quot;Loans From Shareholders&quot; account</p><p>Now my son&#039;s have joined me and we now have 3 possible shareholders to get loans from (interest free)</p><p>To keep things straight I wanted to create a bank account for each of us to track the total liability</p><p>Do I make 3 new GL accounts under 2680 and assign those GL to each bank account used for this?<br />(I tend to think not - with the quick entries for &quot;Loan from shareholder&quot; and &quot;loan repayment&quot;</p><p>Or do I create 3 Bank Accounts as a &quot;Credit Account&quot; but what GL account?<br />And then use the Load/Repay to deposit and withdraw from the Credit Account </p><p>Tom</p>]]></description>
			<author><![CDATA[null@example.com (tom)]]></author>
			<pubDate>Sun, 18 Aug 2024 12:31:51 +0000</pubDate>
			<guid>https://frontaccounting.com/punbb/viewtopic.php?pid=43326#p43326</guid>
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