Guide Categories

Capital Subaccounts

Organize and track different types of capital contributions and ownership interests.

Overview

Capital subaccounts help you organize different types of capital contributions, track ownership interests, and manage equity transactions in your business.

Note

Capital subaccounts provide detailed tracking of ownership interests and facilitate accurate reporting of equity transactions.

Types of Capital Subaccounts

  • Owner contributions
  • Partner capital accounts
  • Shareholder equity
  • Retained earnings allocations

Creating Capital Subaccounts

  1. Navigate to Settings → Capital Subaccounts
  2. Click "New Capital Subaccount"
  3. Enter subaccount name and description
  4. Set up account codes if needed
  5. Save the subaccount

Managing Subaccounts

  • Track individual owner contributions
  • Monitor capital account balances
  • Generate capital account statements
  • Reconcile ownership percentages

Best Practices

  • Use descriptive names for each subaccount
  • Maintain accurate records of all capital transactions
  • Regularly review and reconcile balances
  • Document ownership agreements
  • Set up approval processes for capital transactions
  • Monitor ownership percentages for compliance

Pro Tip

Set up a regular schedule to review and reconcile capital account balances to ensure accuracy and compliance with ownership agreements.
Capital AccountsCash Flow Statement Groups