Lent and borrowed money

Record money you lent or borrowed#

1. Open Money, then Money owed.
2. Choose Add money owed.
3. Pick Lent if you gave money to someone, or Borrowed if someone gave money to you.
4. Enter the person's name.
5. Enter the amount, the account and the date, then choose Save.

Record a repayment#

When money comes back, record it on the original entry.

1. Open Money, then Money owed.
2. Find the entry and choose Record repayment.
3. Enter the Amount returned. It can be part of the money or all of it.
4. Choose Save repayment.

You do not pick a direction. If you lent the money, Reseek knows it is coming back to you. If you borrowed it, Reseek knows you are paying it back.

Each entry shows how much was Returned and how much is Remaining. When nothing is left, the entry is Settled.

See who owes what#

In Money owed you can:

• Find a person by name.
• Show only Owed to you or only You owe.
• Show entries that are Still owed or Settled.

Good to know#

Money you lend or borrow, and money that is returned, is not counted as income or spending. It still changes the balance of the account you chose.