How to show directors loan as long term liability?

I’ve loaned money to my company which I don’t want back for the forseeable future as I grow the business. However the DLA (1251) is showing as a short term liability in the balance sheet. I intend to keep this money in the business for several years, how can I change this to show as a long term liability?

Thanks.

Hello @bm92

You could do this with a journal to move the value to a long term liability code, you could set up a new nominal code if required.

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