How to Use the Forum

[LTZhao]

Hi Lubos,

I can’t seem to start a thread in the Forum section, I can’t find any info in the Guide section on how to use it either. Can you please kindly provide some guidance.

I am new to this software, and I am a little confused. For a simple transaction, initial investment into a non for profit company, I thought the journal entry would simply be debit cash (A) and credit Member Capital (SE). When I inputted that JE, there are no error messages, however, on the summary tab, nothing is showing up on the balance sheet. What is the reason for that?

Thanks in advance for your help,

L.T.

[Tut]

@LTZhao

I can’t seem to start a thread in the Forum section,

On the main Forum page, near the upper right corner, there is a +New Topic button. (Meanwhile, I’ve moved your question to a new thread.)

@LTZhao

For a simple transaction, initial investment into a non for profit company, I thought the journal entry would simply be debit cash (A) and credit Member Capital (SE).

All transactions involving the movement of money must occur in the Cash Accounts tab. None can be entered with journal entries. Procedures for receiving capital contributions are described in this Guide:

Receiving money in cash account

Money deposited in your bank account should be recorded under Statement balance column. [image] When you click on the amount under Statement balance column, you can click Receive money button to record new transaction. [image] Every recorded transaction must be properly categorized. For example, if you have received 1,200 from customer for sales, you would record it like this: [image] If you have received from customer 1,250 but bank has charged 50 fee, you need to split the transaction us…

[LTZhao]

Thank you Tut. There wasn’t an option to me earlier to start a New Topic, but it is now.
Thanks for your feedback.

L.T.

[Tut]

@LTZhao

There wasn’t an option to me earlier to start a New Topic

I think your new member restrictions just expired.

[LTZhao]

Ahh, didn’t know I there was a new member restriction. Thanks.