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Finance Costs in Solar

Hi. Under this heading on my profit and loss I have bank fees of £250 and interest charges of minus £160 = £90
Is that correct ie to only claim £90 or should both figures be negatives?


Posted by Gill on Jan 26, 2019 3:20 PM GMT

Hi Gill,

Both Bank Fees and Interest Charges are expenses which should normally be positive in the profit and loss report. Please double-click on the interest charges row and then double-click on a transaction that reduces the balance, then send me a screenshot of the transaction - that will give me a better understanding of the problem.

Regards,


Posted by Mark McLaren (Solar Accounts) on Jan 27, 2019 3:40 PM GMT