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Microsoft Dynamics GP (Archived)

How do I create a revolving line of credit?

Posted on by Microsoft Employee

Our company just opened a line of credit that automatically sweeps money into the operating account as needed.  I need to know how to create this account in GP.  Also, I want to be able to enter transfers between the LOC and the operating account just like I do for transfers between operating and payroll.

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  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at
    RE: How do I create a revolving line of credit?

    Setup a checkbook for the LOC and map the checkbook to your LOC liability account.

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