Track Loans Payable and Receivable from within GP. Enter a Loan application and process approval or directly add the loan. System tracks loan data and creates amortization schedules. Payments received or made are automatically broken down between principal and interest. Select Loans payments due for Payable Loans and have vouchers created automatically in AP. Interest Accrual and Payments received posts directly to the GL. Reporting includes statements, aging and delinquency.