Create an owner contribution
Go to Companies from the left sidebar.
Select the company you want to record the owner contribution for.
Open the Company tab.
Click Owner Contribution.
Fill in the contribution details.
Click Submit to save the owner contribution.
Contribution fields
When creating the owner contribution, enter the applicable details:
Owner: the owner adding funds
Date: the date the funds were transferred
Account: the equity account used to record the contribution
Site: the property or unit the contribution applies to
Payment Method: how the funds were transferred
Amount: the contribution amount
Additional fields may appear depending on the selected payment method.
Manage payment methods
If the owner is paying electronically, open the Payment Method dropdown and select Manage....
From there, you can click Add New to add another payment method for the owner, such as an ACH bank transfer or credit card payment.
When you create an owner contribution using an electronic payment method, the selected bank account or card is charged for the contribution amount.
After saving
Created owner contributions appear under Companies > Transactions.
Property Matrix also creates the related journal entries in the selected equity account and the company’s operating bank account. If the payment was made through ProPay, or if your company uses manual deposits, the entry may post to undeposited funds instead.