Re: My non revenue generating LLC has paid expenses. The partners now each contribute to cover these expenses. How do I invoice so that each partner's contribution is paid?
Add a service item for each member that posts to their individual equity contribution account. Use that item on each invoice. Alternately you could use a single charge that posts to just one equity account but would then have to transfer among the members.
Ideally for each member you should have 4 equity accounts. A parent summing account never posted to. And 3 sub accounts, member equity, member draw, member contribution