How to record owner investment?

Prem
Prem Member Posts: 1 Novice Member Novice Member

Hi Everyone,


I'm new to the Reckon One. Could you please advise how to record owner investment amount.

Thank you in advance for help.

Comments

  • jaxsta
    jaxsta Member Posts: 3 Novice Member Novice Member

    Hi Prem,

    I assume you put cash into the business bank account? If so you need to make a journal entry.

    You can then debit the bank account the amount entered and credit you equity account.