I am now to Quickfile and am setting up my accounts and starting to put transaction into the system.
I have set up a Ltd Company and will be working in the UK and Europe in both GPB and EUR. I already have out of pocket expenses in both currencies.
Should I put all these expenses in the single Directors Loan Account created by the system. Or, will it make things easier in the long run if I create a second Directors Loan Account for my Euro transactions
Thanks for any advice.