How is the best way to categorize a loan

I have a loan for the business. How would I enter that into my account to show i have an outstanding loan and to show payments.
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I have a loan for the business. How would I enter that into my account to show i have an outstanding loan and to show payments.
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Hi @LRF we actually have a detailed FAQ on this! This article will show you how to account for the loan and any payments you make