How to tag bank transaction of a loan

Hi @BidderGroup

To log a loan and it’s repayments, please take a look at these posts:
http://community.quickfile.co.uk/t/how-to-record-loans-correctly/4294
http://community.quickfile.co.uk/t/how-do-i-log-a-loan-and-repayments/8438

If you need any further help, please let me know.

In terms of VAT - are you VAT registered? If not, VAT shouldn’t be recorded. Otherwise, just record it as part of the purchase as you normally would.