Hello,
Good day to everyone. What is the best way to journal Employee Capital Investment? I am trying to figure out where I can easily track all entries for specific employees.
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Assuming the investment vehicle is outside the company, create a Manual Journal Entry as you will likely need to reconcile with a corresponding disbursement of funds from your bank.
- create a single credit line for the total amount of outgoing funds (use a liquidity account).
- create a debit line for each employee (use the Partner field and a relevant employee benefit expense account)
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