How to clear Directors Loan Account balance in Quickfile


I would like to clear the outstanding balance of my Directors Loan Account (DLA) by the financial year end with my dividends. How I do this is in Quickfile? Do I open up the DLA and make a payment tagging the transaction to Dividends to clear the outstanding DLA balance.

Please advise. Thank you.

Yes you can do that if you have setup DCA as bank account

Thank you for help :smile:

What is DCA account as I want to do this as well.