How can I mark the 12GBP incorporation fees as a disallowable expense but what I owe to the director loan account?
Regards
Unsure how you can have a bank transaction for company incorporation fees when a) the bank account wouldn’t have existed prior to company formation and b) the company wasn’t formed prior to paying the fees.
If this is a payment from a personal account then tag it as something not on this list and select directors loan account.
Thank you for your reply. The issue is incorporation fee is a disallowable expense, after entry as director loan account, I cant find a feature to exclude it as a expense claim in p&l.
Because you’ve most likely raised a purchase receipt for it.
Dont raise an invoice/receipt. Just tag the bank transaction as a directors loan account payment.
Hopefully you are importing bank transactions and not just marking invoices as paid
This topic was automatically closed after 7 days. New replies are no longer allowed.