FAQ: How do I Add a Shareholder Loan to a Corporation?

If you've loaned money to the corporation you must enter two amounts into your plan:

1. On the personal side, add a "Savings" balance with the appropriate interest rate that the corporation is paying you (enter 0% if no interest paid)

   
   

   Add Savings Balance in Discovery > Assets

   

   Set Interest Rate in Planning > Projections

   

   
   
2. On the corporate side, add a "Debt" with the same balance, no payments, and the appropriate interest rate that the corporation is paying (0% if no interest paid)

When the corporation pays down the debt in the future it will use the investment assets/savings within the corporation to pay down the debt. No change is needed on the personal side as the asset is already captured, but once the debt is repaid you could then use that on the personal side for spending/investments etc.