Where do you post in AgExpert Program, dividends paid to directors?
The answer to this question is above, since I think this was a duplicate question. Here is the answer I posted:
Hi Louise!
Dividend payments are entered as a withdrawal from whichever account it comes out of. Your line type will be EQ, and you should have a dividends account there (if not, you will need to set one up). This amount will appear on the line as a negative number, since dividends are a contra-equity account and will always have a negative balance in it.
Let me know if you have any further questions, thanks!