Problem: How may I reduce an Issued Share Capital?
Solution:
1. To reduce Issue Shared Capital, received from an owner or shareholder, create a Cash or Bank Payment: Money > Cash/Bank Payment.
2. Choose on Main Tab Cash Flow and Transaction Type - Others.
3. On the Payment Details tab, mention GL account and Shareholder itself:
4. The system creates this book record:
5. And you may see this amount in Trial Balance:
Thank you for being a FirstBIT customer!
Irina Babenko