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How to view a director’s loan account

This article explains how to view a director’s loan account in FreeAgent.

A director’s loan account is automatically created when you add a new user with the role of ‘Director’ in FreeAgent.

To view a director’s loan account in FreeAgent, navigate to the ‘Accounting’ tab at the top of the screen and select ‘Reports’ from the drop-down menu.

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Select ‘Show Transactions’ from the ‘Detailed’ section.

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Select the relevant time period and then ‘907 - [X] Director Loan Account [X]’ from the drop-down menus to display all transactions explained to the director’s loan account for the selected director. Transactions explained as dividend and benefit in kind payments to the director will also be displayed.

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Alternatively, you can view all of the director’s loan accounts for all the company’s directors by navigating to the balance sheet in FreeAgent.

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