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 Project, click on the Positions tab, then click on the relevant Account.
Step 2. Click + NEW TRANSACTION and select Equity.
Step 3. In the pop-up, 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: By default, the system will pull the existing Unit Price for the selected Class. For example, a $100K investment with a Unit Price of $1K will utomatically result in 100 shares being issued.
If necessary, you can instead enter a Custom Price or Specify Units to enter the exact number of units to issue.
Step 4. Click Create Equity when done!
