I have set up a loan account and followed the steps as noted here
Seems to work well, however, It is my understanding that the loan repayments should also be allocated to nominal code 2300 and I cannot see how to achieve this by following the steps on the link above.
The loan interest repayment links to the correct code so is showing under the account nominal code as well as loan interest nominal code but the repayment only shows under the account and not 2300.