capital introduced - Sage

Discussion in 'Accounts & Finance' started by kirstie27488, Jul 14, 2010.

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  1. kirstie27488

    kirstie27488 UKBF Newcomer Free Member

    27 0
    Hi all,

    Iv entered up some fixtures and fittings as capital introduced into sage.

    I had to set up a nominal for the capital introduced - which i have put as 3150. So now when i look at my balance sheet it comes under reserves.

    Is this correct?

    Thanks
     
    Posted: Jul 14, 2010 By: kirstie27488 Member since: Apr 6, 2010
    #1
  2. Rolo Tomasi

    Rolo Tomasi UKBF Regular Free Member

    150 33
    Yes that nominal code is fine. Just make sure the description is Capital Introduced and that it has a credit balance
     
    Posted: Jul 14, 2010 By: Rolo Tomasi Member since: Nov 19, 2009
    #2
  3. SIMARTPAYROLLSERVICES

    SIMARTPAYROLLSERVICES UKBF Newcomer Free Member

    2 0
    Hi can you please advise the N/C for Capital Introducted in and out of sage accounts V16 2010?

    Thanks
     
    Posted: May 28, 2011 By: SIMARTPAYROLLSERVICES Member since: Jun 29, 2010
    #3
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