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Loan to business from director

How do you record a loan to a business that is from a director?


Posted by Jamie Laing on Jan 3, 2009 10:41 AM GMT

Hi Jamie,

Just record a General Transaction from the Director's Loan account to the Cheque Account. Note that this is very similar to recording a bank loan:
http://www.solaraccounts.co.uk/help/how-to-record-a-bank-loan-and-repayments.php

Regards,


Posted by Mark McLaren (Solar Accounts) on Jan 4, 2010 11:09 AM GMT