The Capital Accounts tab in Manager is a specialized tool designed to monitor funds contributed by, or distributed to, business owners or investors.
To create a new capital account, click on the New Capital Account button.
If you have created a capital account that has existing balances, you can set starting balances under Settings, then Starting Balances. See Starting Balances - Capital Accounts for more information.
The Capital Accounts tab features several columns:
The Code column displays the code for the capital account.
The Name column displays the name of the capital account.
The Control Account column displays the name of the control account associated with this capital account. If you haven't set up custom control accounts, the default name for all control accounts will be Capital Accounts.
The Division column displays the name of the division that this capital account is associated with. If you are not using divisional accounting, this column will be blank.
The Balance column displays the overall total of all amounts (debits and credits) entered into this capital account. This figure is clickable, allowing you to view the individual transactions that contribute to the balance.
To customize which columns are displayed in the Capital Accounts tab, click the Edit Columns button.
See Edit Columns for more information.