How do I record an owner contribution?

Owner contributions are recorded typically when expenses from a period exceed revenue and additional funds are needed from the owner to cover the balance.  It's important to note, that during these cases, you should never pay for expenses out of funds being held for other owners.  This is illegal in most states and violates trust accounting principals.  We recommend keeping an owner minimum to cover this, or keeping funds of your own available to cover these expenses.

So, you need to record an owner contribution.  To get started, go to your Accounting > Banking page and select the bank account (likely your operating account) where you want to add the contribution.

This will bring up a form where you can record the owner contribution.  First, locate the owner, record the amount, and the other details, then save.  This will then record an owner contribution within the system.