Working Capital Loan showing Negative Balance
I hope that this in the correct section. I had a PayPal working Capital loan from July 18-December 18', that was paid off. A % of sales were taken from my PayPal account automatically. I have the loan set up in my Chart of Accounts, It seems like it is backwards as it is showing a negative balance. I did read the article from a google search, but it doesn't seem to make sens to me. The initial loan amount of 8500 was transferred to my PayPal account, that transaction is black, and then all of the payments going from my PayPal, back to the working Capital loan are in green. So I am sort of stumped. Should it be posted the other way around? The ending balance is slightly off minus it being negative, there may be a double transaction there.