Share capital and owner deposits
Share capital, a capital contribution or money you pay in as the owner adds to the company’s funds but is neither revenue nor an expense. In miphu a deposit counts only in the financial forecast, through the balance you confirm.
On iPhone and iPad
- 01Open Insights and the Finance tab.
- 02In the Financial forecast card, tap Confirm balance.
- 03Under Current balance, enter the amount in the account after the deposit and tap Confirm.
On the Mac
- 01Open Insights and the Financial forecast.
- 02Click Confirm balance, enter the amount after the deposit under Current balance and click Confirm.
Good to know
- Do not record the deposit as an invoice, a payment received or an expense, and not as a negative expense either. Otherwise it counts in the revenue, costs or surplus of Insights.
- The deposit is booked in your bookkeeping, outside miphu.
- You enter the balance yourself. miphu does not read a bank account.
Common problems
- The deposit is missing from the financial forecast.
- Confirm the balance again once the deposit is in the account. The forecast starts from the confirmed amount.
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More questions
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