Director's Loan Account Explained for Company Card Spending
Director's loan account explained: put a personal purchase on the company card, or paid a business bill yourself? How to record it and keep the balance right.
Expert guides, product updates, and industry trends from HelloBooks — the AI bookkeeping software for small and midsize businesses, ecommerce sellers, startups, and accounting firms. Articles cover automated transaction categorization, bank reconciliation, invoicing, expense management, GST and US sales tax compliance, financial reporting, and migrating from QuickBooks, Xero, FreshBooks, or Tally.
New posts are published weekly. Topics are written by chartered accountants, bookkeepers, and the HelloBooks product team — grounded in real client data from over 11,000 US banks via Plaid, the guided QuickBooks USA migration (a one-time company-file import that completes in a single pass), and the HelloBooks mobile, web, and desktop apps. While the article list loads, you can browse popular topics below.
Technology
How AI is reshaping bookkeeping — automated categorization, document extraction, and what changing tax technology means for small business.
Accounting
Double-entry fundamentals, P&L vs balance sheet, cash vs accrual, depreciation, and the day-to-day mechanics of keeping books that reconcile.
Automation
Bank feeds, rules, recurring invoices and reconciliation workflows — the parts of the month-end close that no longer need a human.
Bookkeeping
Practical guides for bookkeepers and owners: vendor records, bills and approvals, expense capture, and audit-ready record keeping.
Finance
Cash flow, working capital, receivables and payables — reading the numbers a small business actually runs on.
GST compliance
GSTR filings, input tax credit, e-invoicing and e-way bills for Indian businesses, written against the current rules.
HelloBooks publishes practical articles for business owners and the accountants who serve them. Each post is written to be immediately useful: when to use cash vs accrual accounting, how to reconcile bank statements in one click, how AI categorization compares to manual data entry, what changes when you switch from QuickBooks to HelloBooks, and how to file GST, sales tax, VAT, and 1099 forms straight from your books.
Articles also cover industry-specific accounting — for retail, manufacturing, construction, restaurants, healthcare, SaaS, ecommerce / Amazon sellers, non-profits, professional services, and accounting firms managing multiple clients. Every post is tagged by category, sub-category, and geography (India, United States, United Kingdom, Australia, Canada, Singapore, and UAE) so you can filter to exactly what applies to your business.
Expert guides, product updates, and industry trends.
Director's loan account explained: put a personal purchase on the company card, or paid a business bill yourself? How to record it and keep the balance right.
How to record owner drawings, director loans and personal purchases on the business card, for Australian sole traders, partnerships and companies.
A transfer between own accounts isn't income or an expense. How to record moves to savings, business card repayments and month-end money in transit, UK style.
How to record transfer between accounts your business owns, bank to bank or bank to card, so it never inflates income or expenses. Examples included.
How to find duplicate transactions from bank feeds, tell true duplicates from lookalikes and clean them up without breaking your UK books or reconciliation.
Why duplicate bank transactions show up from feeds and CSV imports, how to tell real duplicates from genuine repeat payments, and how to clean them up safely.
What are bank rules in bookkeeping? How conditions and rule order work, where rules misfire, and how to decide which transactions deserve one. UK examples.
What are bank rules in bookkeeping? How they match and code transactions, how one bad rule quietly miscodes months of data, and how to write safer rules.
What AI transaction categorisation handles well, where it still needs a human eye, and a simple weekly routine for checking its work in your UK business books.