Problem: How to record investments in equity?
Solution: Use the program tools as shown.
1. Record a cash payment/Bank 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
...
, the following entry will be created, and the statement of financial position will show this balance for non-financial assets
...
:
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