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?
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,