Hello,.
We are a small film production company and run a directors’ loan account for any cash or credit card purchases, which we reconcile at the end of the pay year and surplus funds we have drawn are recorded as a net PAYE payment on which we then pay PAYE tax and NIC…
How do I record this in Quickfile? The help function suggests that salaries are tagged from the bank account rather than raising an invoice…
I couldn’t find a similar answer after (an admittedly cursory) search through the topics, so I apologise if this question has already been answered and I have missed it.
thanks!
Clare