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Entering Term Loan Future Portion - any assistance would be greatly appreciated.

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  • 05-03-2024 3:25pm
    #1
    Registered Users Posts: 1


    Hello


    I am currently entering figures into an accounts package re: Long Term Loan account.

    I have the opening balance, interest charged by the bank and loan repayments figures for the year.

    For the Future Portion calculation - Is this the following years closing figure please? eg .if am entering 2022 account details - is it the closing 2023 figure to use.

    Any assistance would be greatly appreciated. Sorry if this is an obvious question.

    Many thanks again.



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