Loving FreeAgent, but I cannot find where to put my Directors Salary.
I paid myself below certain thresholds, but Im not sure where to put this.
I thought it may be “Money Paid to User” then “Net Salary and Bonuses” but this is increasing my corporation tax account every time I do.
The other option I thought it may be is “Payment” then "Staff Costs then “Net Salary and Expenses”.
Can anyone help me with this?
Im loving the software but as Im aiming to calculate below certain thresholds, Im not sure what is done automatically, or what I will have to record. To note, all transactions were imported from linking to bank, not manually entered.