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Can someone please help - I need to know how to record a direct debit paid to a director each month for van insurance, which was set up before the company started.
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Hello PJB3,
Welcome to the Community page,
You could just do it as an expense with the director set up as a supplier. If that is not suitable then we would advise you speak to a trained and qualified accountant who will be able to advise you on the best way to report this in your account.
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