How is the lending account supported in TimelyBills?

Lending accounts in TimelyBills are used to record and track money or assets that you have lent to others. If you lend money to a friend or family member and expect them to repay you according to specific terms, you will record this transaction under a lending account in TimelyBills. 

Steps to add a Lending Account: 

• Navigate to Dashboard > Accounts.
  
  
  
  
  
• Click on the (+) icon to add an account.
  
  
• Choose 'Lending' account and click on the next button.
  
  
  
• Enter the contact's name, number, email, and photo of the person who owes you money.
  
  
  
  
  
• Provide the current lending amount as starting balance.
  
  
  
  
  
• Click on the Create button to finalize adding the lending account.
  
  
• Once created, this account will be shown as part of your Cash group.