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Owner's Investment

Posted: 20 Sep 2006, 21:05
by nickwild
Hi,

Just changing over from MYOB where there is a nominal account for owner;s investment.

How would I do this in sage?

Posted: 22 Sep 2006, 10:39
by brucedenney
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)