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Add a Loan Advance

This article will show you how to advance a loan from the trust.

Once you've logged in to Trustworks, select the trust you wish to Add a loan advance to, click on Assets and Liabilities.

Left click on "I would like to ...", Under Account management select "Add a loan advance"

Add a new loan advance

Use this to create a loan (or advance) account that is not a bank account.

Who is receiving money? e.g. Bobby Jones 

Description of the facility being provided - e.g. House Deposit

Additional information about the facility - Optional

Opening advance & Date - Optional

Click Create

Accounts - Chart of Accounts

Click Assets and Liabilities to return to the main page to proceed to the next step of Advance loan. Click here to view the Advance loan page 

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