A Guide to the Director’s Loan Account in Xero

Here is our definitive guide about how to manage the director’s loan account in Xero. From setting up your director’s loan account code, coding payments to the director’s loan account, to tax issues on overdrawn loan balances etc. Let’s get started… Whether you’re the director of a tech firm, gym, or a beauty salon, we […]

Which Xero account should I use for Dividends?

In this article we take a look at what a “dividend” actually is, who can pay a dividend and who can receive it – as well as lots of other considerations that you need to think about. But most importantly, we take a look at exactly how a dividend should be recorded in Xero… which […]