Problem: How to reduce an Issued Share Capital?

Solution: Use system options as shown.


1. To reduce Issue Shared Capital, received from an owner or shareholder, create a Cash Payment 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. Trial Balance shows reduction in overall Issued Share Capital:


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