Equity Account

The normal Equity Accounts are Owner Draw, Owner Deposit and Owner Equity. These accounts are included in the program's list of default accounts. If you have more than one owner you can use this function to set up individual accounts for the owners. For example -

 

 

This will allow you to track each owners, deposits, draws and equity accounts separately. When setting up the Balance Sheet you will distribute the equity between the various owners based on their percentage of ownership.