Use this form to create or edit capital accounts for business owners or partners.
Capital accounts track owner equity, including investments, drawings, and profit shares.
Complete the following fields:
Enter the name of the capital account holder. This is typically the name of the business owner, partner, or shareholder.
Optionally, enter a code for this capital account. This can be useful for organizing multiple capital accounts or for reporting purposes.
Assign this capital account to a specific division if you use divisional accounting. This helps track owner equity by division.
Select a control account if you want this capital account to use a different equity account than the default. Useful for segregating different types of capital accounts.
Mark this capital account as inactive to hide it from dropdown lists while preserving historical transactions. Useful for former partners or closed capital accounts.