How to Add a Capital Entry in the System

A detailed explanation of the steps to add an accounting entry for capital in the system.

1. Steps to create an entry for adding capital:

   • Go to Manual Journal Entries from the Accounting dropdown menu.
   • Click on Create Manual Entry.
   • Write the description of the entry (such as “Adding Capital”).
   • Select the appropriate date for the entry.

2. Entering Accounts:

   • Select the account name “Capital” in the account field, and enter the amount in the “Credit” field because the Capital account is a credit account.
   • Add other accounts by clicking “Add More”.
     • Example: Adding a Bank account as a debit account.
     • Enter the amount in the “Debit” field because the Bank account is a debit account.
   • The debit and credit amounts must be equal to complete the entry.

3. Additional Options:

   • You can select the Location or Project or Additional Fields for each line of the entry by clicking on the black icon next to each line, which will turn blue when selected.

4. Adding Attachments:

   • You can add attachments such as documents or invoices related to the entry.

5. Additional Information:

   • After configuring the Additional Fields in the system settings, you can select Projects or Additional Fields at the entry level.

6. Saving the Entry:

   • After verifying all the data, click “Save” to complete the process of adding the entry.