issuing new shares does not add to Share capital
Question asked by David Foster 5 years ago
We've used ClearBooks for P&L transactions for a while, but now I want to get the balances straight so the Balance Sheet is correct going forwards. I've added shareholders, issued new shares following the on-line guides, but it's not showing as Share Capital (9001001) in the Balance Sheet. The only way I've been able to get something there is to go back and create a starting balance in "getting started". That's ok, but it feels wrong! What am I missing? Why doesn't issuing new shares add to the Share Capital? How would I issue new shares in the future (unlikely, but I can't go back and change the starting balance a second time).