Update Capital Accounts
Before importing capital accounts, make sure that you have created the required ledgers under Chart of Accounts > Liabilities > Capital Accouns group.
To import details of capital accounts:
- Go to: Accounting > Masters and Accounts > Journal Entry > New.
- Enter Posting Date.
- Select the appropriate capital account ledgers in Account column and enter the value in Credit column.
- Select 'Temporary Opening' ledger in Account and enter the balancing amount in Debit column.
- Set 'Is Opening' to Yes.
To know about Journal Enter in detail, visit this page.