The Capital Accounts tab in Manager.io is designed to monitor funds contributed by or distributed to business owners and investors. This tab is essential for accurately tracking ownership interests within your business.
To add a new capital account:
This will open a form where you can enter details for the new capital account.
If you are adding a capital account that already has an outstanding balance (for example, when you are migrating data from another system), you can set the starting balance:
For detailed steps, see: Starting Balances — Capital Accounts.
The Capital Accounts tab displays several important columns:
| Column | Description |
|---|---|
| Code | Shows the code assigned to the capital account. |
| Name | Displays the name of the capital account. |
| Control account | Indicates the control account associated with the capital account. If no custom control account is set up, the default is Capital Accounts. |
| Division | Shows the associated division, if your business is using divisional accounting. Otherwise, this field remains blank. |
| Balance | Displays the total balance (sum of all debits and credits) in the capital account. This figure is clickable—you can click it to view all underlying transactions. |
You can choose which columns appear by clicking the Edit columns button at the top right of the tab.
For additional information about editing columns, see Edit columns.
By using the Capital Accounts tab effectively, you can accurately track all contributions and distributions relating to business owners or investors in Manager.io.