If you are individual or in proprietorship, you just have to go to Transactions > Journal > Create
Cash/Bank account Debit
To Capital Account (Credit)
Book Keeper automatically creates one Capital account.
If you are in partnership or there are multiple stakeholders, you first need to create their capital accounts in All Accounts section. Account type would be Capital Account.
Example: Ram Capital, Jon Capital, Mohan Capital etc
To add capital, Go to Transactions > Journal > Create
Cash/Bank account Debit
to Ram Capital (Credit)
to Jon Capital (Credit)
to Mohan Capital (Credit)
Comments
0 comments
Article is closed for comments.