I’ve entered loan given to the company by the director as “money in”. This loan is shown in the suspense account on P&L. The loan is not showing on the bank account as untagged - that’s the first anomaly!
However I can view this transaction through the suspense account and when I try to tag it into director’s loan account, I’m getting error message - “you cannot post to the same nominal ledger as this bank account”. What does this mean?