Problem: How to record investments in equity?
Solution: Use the program tools as shown.
1. Record a cash payment/Create a Cash Payment or Bank payment document with the transaction type as the supplier To Supplier:
.
2. Go to the payment details Payment Details tab > , click on the GL hyperlink (if GL is hyperlink and change Advances Paid to Equity Investments GL Account:
* If GL Accounts are not displayed in the document, go to the quick menu > > personal settings > > > enable the display of GL accounts in documents)>>>Change in accounts payable for GL advances as equity investmentsenable an option GL Accounts in Documents in Personal Settings.
3. After this, the following entry will be created, and the statement of financial position will show this balance for non-financial assets.:
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