Right, now I'm up an running on a test system, I have this company, started with £10 of share capital and a directors loan of say £1000.
I am assuming that I enter the share capital via a GL transaction, (Journal entry) where I credit the relevant share account, and debit the bank account, because now they (the bank) owe the company money? I take it then I credit the directors loan account and debit the bank account as well, though this seems to make slightly less sense. Kind regards Benedict White ------------------------------------------------------------------------------ Flow-based real-time traffic analytics software. Cisco certified tool. Monitor traffic, SLAs, QoS, Medianet, WAAS etc. with NetFlow Analyzer Customize your own dashboards, set traffic alerts and generate reports. Network behavioral analysis & security monitoring. All-in-one tool. http://pubads.g.doubleclick.net/gampad/clk?id=126839071&iu=/4140/ostg.clktrk _______________________________________________ Ledger-smb-users mailing list Ledger-smb-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
