This article will show you how to directly record an additional contribution on the Positions table (cap table) of a Project.
NOTE: If you are looking to manage a Capital Raise/Fundraise or add a new investor to a Project, please refer to the links below:
Step-by-Step Instructions:
STEP 1. Navigate to the 'Positions' tab of the Project. Click on the Position (investor) that has made the contribution:
STEP 2. Click the 'New Transaction' button on the right-hand side of the screen. Then click "Equity":
STEP 3. A pop-up window will appear. Complete the required information (outlined below):
Date: Enter the effective date of the investment
Equity Class: Select the Class for the units to be issued
Amount: Enter the cash/capital that is being invested
Units: The system will pull the existing Unit Price for the selected Class. For example, the below $100K investment with a Unit Price of $1K will result in 100 shares being issued.
If necessary, you can use either a "Custom Price" or choose "Specify Units" to enter the exact number of units to issue
STEP 4. Click 'Create Equity' when done!
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