How to tag a personal item found on statement

Hi, I have just found a personal item on my business bank statement. How do i tag this correctly/repay the money in my business bank account?

Are you a Limited Company or Sole Trader?

I am a Limited Company

Normally you would tag this as a transfer to the Directors’ Loan Account. When you pay back the company later you’d again transfer from the DLA to the company’s account.

Hi Glenn,

I have the same question as the original poster but I’m a sole trader.

What should I tag personal items?
I’ve recently found out that sports clothes aren’t allowed (I’m a personal trainer) so this becomes a personal item on the business account. What should I tag them as in quickfile?


Tag them as drawings

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Thank you Parker1090