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looking to open up a director's loan account well watch on as a business accountant my team and i spent all day long helping business owners on their journey and one area one question we get asked a lot about is the director's loan account now if you've not come across that terminology before there are other videos on the channel where you can check those out but for now just know that if you're in a limited company it's normally the way you deal with money that's put into the company by the owner or comes out quite often it might be salary or dividend but sometimes they can go through this kind of director's loan account but if you haven't decided what those values are by default you tend to put them there so if you've got money coming in particularly in the early stages of business people normally want to know how to open up a director's loan account so in this video i'm going to show you physically how you do it in your bookkeeping records so before i get into that if you like thes...
