The Capital Accounts tab tracks funds contributed by and distributed to business owners or partners.
Use capital accounts to monitor owner investments, drawings, and their share of profits or losses.
Click the New Capital Account button to create an account for each owner or partner.
Learn about capital account setup: Capital Account — Edit
For existing capital accounts with current balances, set starting balances in Settings → Starting Balances.
Learn about starting balances: Starting Balances — Capital Accounts
The Capital Accounts tab displays the following information:
The Code column displays the code for the capital account.
The Name column displays the name of the capital account.
The Control Account column shows where this capital account appears on the Balance Sheet.
The default is Capital Accounts unless you've created custom control accounts.
The Division column shows the division assigned to this capital account for divisional reporting.
The Balance column shows the current balance of each capital account.
Click the balance amount to view all transactions that make up this balance.
Click Edit Columns to customize which columns are visible.
Learn about column customization: Edit columns