Director’s loan account

For a limited company, the director’s loan account (DLA) tracks money between you and the company: costs you paid personally for the company, and personal things the company paid for you.

1. Open Money → Check your books → Director’s loan account.
2. See the running balance and what makes it up.
3. If you sold your own kit to the company, tap Kit you sold to the company. It adds one equipment entry marked paid by the director: no cash out, and it is credited to your loan account.

An overdrawn director’s loan can mean extra tax for the company. See Director’s loans on GOV.UK and check with your accountant.