The Capital Accounts tab is a specific tool created to monitor funds that are contributed by, or distributed to, business owners or investors.
To create a new capital account, click on the New Capital Account button.
The Capital Accounts tab features several columns that provide detailed information about each capital account:
The Code column displays the unique code assigned to the capital account.
The Name column shows the name of the capital account holder.
The Control Account column displays the name of the control account associated with the 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 indicates the division that the 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 the capital account. This figure is clickable, allowing you to view the individual transactions that contribute to the balance.
You can customize which columns are displayed in the Capital Accounts tab. Click the Edit Columns button to choose which columns you want to display.
For more information on customizing columns, see Edit Columns.