How to make Transactions (Funds Contributed , Drawings) ?

1) Funds Contribution

1. Navigate to Capital Accounts from 'Control Panel' menu .
2. Navigate to Receipts & Payments tab
3. Click "New Transaction". 
   
   
    
4. Select transaction Date.
5. Transaction Code will generate automatically
6. Select "Receive Money" in 'Type' .
7. Select "General" as the Transaction Type.
8. Choose the Account (cash/bank ) where funds are deposited.
9. Add Description if any.
10. Select the Capital Account (Partner’s Name).
11. Select "Funds Contributed" as the subaccount.
12. Enter the amount and description.
13. Click Save.

📌 Impact on Summary:​

• Cash/Bank balance increases.
• Capital Accounts increase.

2) Drawings (Withdrawals)

1. Navigate to Capital Accounts from 'Control Panel' menu .
2. Navigate to Receipts & Payments tab
3. Click "New Transaction". 
   
   
    
4. Select transaction Date.
5. Transaction Code will generate automatically
6. Select "Spend Money" in 'Type' .
7. Select "General" as the Transaction Type.
8. Choose the Account (cash/bank ) where funds are deposited.
9. Add Description if any.
10. Select the Capital Account (Partner’s Name).
11. Select "Drawings" as the subaccount.
12. Enter the amount and description.
13. Click Save.

📌 Impact on Summary:

• Cash/Bank balance decreases.
• Capital Accounts decrease.