You can do that, but at the end of your accounting period you need to report what’s your Net Asset and that include Unrestricted Assets and Restricted Assets. We know that capital accounts are for ownership but there is no other way in Manager to obtain reports about the movement in capital accounts, and if there is, please, share it with us. Here is an example of entries and reports of non-profit organizations. This is what I think @allforca is trying to figure out how to manage in Manager: Nonprofit Accounting - Statement of Financial Position and the Statement of Activities | AccountingCoach
That’s why I recommend to use the capital accounts. But really, if there is another method that can be used in Manager to do this, I would love to know for future references.