Capital account entry in tally

awin mas (1 Points)

07 May 2025  

I am creating accounts in tally. The owner has not physically invested any money in the company as opening capital. The share capital in the commercial register is showing 20,000 Rs. I have to show this figure as capital  to match with commercial register.How do I pass this entry in tally ? Obviously the opening balance in bank account is nil. Money started coming into the business from sales and that way it went forward. Your help would be appreciated.