I’ve recently started using manager and have set up bank account transactions and expenses etc. I’ve also set up a directors loan in liabilities. How do i transfer money from the bank account to pay off or some of the directors loan swiftly?
You can only transfer between Bank accounts and the Directors Loan account is not a bank account
Does the Directors Loan have a Debt or Credit balance.
If it has a Debit balance you Receive Money
If it has a Credit balance you Spend Money