What is the proper and correct way of logging a directors salary? I have been tagging salary entries to director salary and then HMRC payments to PAYE. When my accountant (via QF) did my corp tax he has said that the way I’ve been doing it is incorrect and I should be creating journal entries for …

My last few replies on this thread from a few days ago lay it all out in more detail: [image] How to record salary payment for the previous month? Support You’re falling into the common trap of treating “PAYE” as a synonym for “income tax”, but it isn’t. The PAYE nominal …

QFMathew 29 June 2020 13:55 3

Hi @kba

Following @Paul_Courtier’s post, the following guide may help: Recording payroll

Entering directors salary, PAYE and NI