CAN YOU HELP TO guide to pass a share holder addition with cash entery

Hello there, Danish.
 

If the shareholder isn't added to your QuickBooks Online (QBO) company yet, you can set them up as a supplier. QuickBooks uses suppliers as a way to track contributions by you, partners, or co-owners to the business. Here's how you can add them:

1. Go to the Expenses tab and click Expenses & Bills.
2. Select Suppliers.
3. Click the New Supplier button.
4. Enter the necessary information for the shareholder and select Save.

Next, create an equity account for this member after setting them up as a supplier. If you're the sole owner, you'll only need one equity account. Here's how:

1. Go to the Settings and select Chart of Accounts.
2. Click the New Account button.
3. Select the Equity account from the Account Type dropdown.
4. In the Detail Type dropdown, choose Partner's Equity.
5. Click Save and Close.

Once you have set up an equity account, you can follow the steps below to record the investment.

1. Click the +Create button.
2. Select Bank deposit.
3. Enter the form with investment details. Ensure to select the appropriate equity account from the dropdown list in the Account field.
4. Specify a Payment method and enter the investment amount in the Amount field.
5. Click Save and close.

Please note that you don't need to record the investment if you've connected your bank account to QuickBooks. Instead, you need to categorize the transactions associated with your deposits. 

For more information on recording investments, refer to this article: Record an owner's contribution or capital investment in your business.
 

You can leave a reply below if you need further assistance with anything else.