I hope you can help me how to start my account with me “brand new” limited company in a quick file.
First thing first:
We are a limited company with two people with significant control over the company (shares 50/50 £1 each).
How should I start “journey” by recording our shares?
Can you show me how it should look like on the screenshot for example (both shares of £1 was paid to company account already)?
There is no profits yet but I have ordered a few marketing materials like business cards etc. using my private funds. How should I record it to company’s expenses?
Thank you in advance.