Hi,
Just changing over from MYOB where there is a nominal account for owner;s investment.
How would I do this in sage?
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Owner's Investment
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brucedenney
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- Joined: 28 Feb 2006, 09:56
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Assuming this is a soletrader/partnership.
Owners investment would need to be in Financed By section somewhere in the 3XXX number range.
Having a negative Drawings (3200) account would seem a sensible way to show it, as future drawing would be offset against it. You could, of course create a separate account for it at say (3250)
Owners investment would need to be in Financed By section somewhere in the 3XXX number range.
Having a negative Drawings (3200) account would seem a sensible way to show it, as future drawing would be offset against it. You could, of course create a separate account for it at say (3250)
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