# Company Loan Board

### **Module Guide: Loan Receipt**

#### **Module Location**

#### Finance > Company Loan

#### **Module Objective**

#### The **Loan Receipt** module is used to record the transaction of receiving funds that originate from a loan. This module is used when the company receives loan funds from an external party (e.g., a bank or other financial institution) to be recorded as a cash inflow and, at the same time, as an increase in liabilities (loan payable).

### **1. Main View (Loan Receipt List)**

#### The main page of this module displays a list of all Loan Receipt documents that have been created.

![image.png](https://manual.kokola.co/uploads/images/gallery/2025-09/scaled-1680-/tnwimage.png)

#### **View Explanation & Filters**

#### This page is for viewing and managing all loan receipt transactions.

- #### **Filters**: You can search for a specific document by **Loan Document** or a date range (**Start Date / End Date**).
- #### **Loan List**: The table below will display all loan receipts that match the filters, with columns such as **Loan Document**, **From (Lender)**, **Loan Date**, and **Amount**.

#### **Button Functions**

- #### **\[Loan Receipt\]**: The primary button to create a new Loan Receipt record.

### **2. Steps to Record a Loan Receipt**

#### **Step 1: Create a New Document**

#### From the Main View, click the **Loan Receipt** button to open the new entry form.

#### **Step 2: Fill in Loan Details**

#### On the form that appears (not shown in the image), you will be asked to fill in the loan details, such as:

- #### **Lender**: Select the party providing the loan.
- #### **Principal Loan Amount**: Enter the total loan funds received.
- #### **Date Funds Received**: Select the date the funds entered the company's account.
- #### **Destination Bank Account**: Select the company's bank account that received the funds.
- #### **Loan Terms and Conditions**: Enter details like the interest rate, due date, and installment scheme.

#### **Step 3: Save the Document**

#### Save the document to record the loan receipt. After confirmation, this action will automatically:

- #### Increase the company's cash/bank balance.
- #### Record the loan payable (liability) on the balance sheet.

### **Tips & Important Notes**

- #### This module is specifically used for loans **received by** the company.
- #### Accurate recording here is crucial for the correct reporting of the company's **liabilities** in the financial statements.
- #### The document created here will become the basis for the installment payment process in the **Loan Payment** module.