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Author Topic:   Recording partnership transactions
MAustin
Member 		posted 01-03-2001 01:56 PM     Click Here to See the Profile for MAustin   Click Here to Email MAustin     Edit/Delete Message
Can you direct me to the place in your training guides describing how to set up accounts and enter p/s transactions when the entity is the individual partner? The Adv. Users Guide only discusses the p/s as the entity. Thanks!

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COOPERSTOWN
Member 		posted 01-25-2001 07:01 AM     Click Here to See the Profile for COOPERSTOWN   Click Here to Email COOPERSTOWN     Edit/Delete Message
You would set up the partnership investment as you would a security investment - but on the chart of accounts in would be in the partnership section - you pick where and what kind - e.g. - investment, oil etc. Then follow the instructions for purchases and sales as you would securities which is in the basic Training Guide, Volume II. If you have specific questions, please let me know.

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