I was just checking the Cronus Database and found that Capital Stock Account is not "Direct Posting" account.
Now my doubt is that if it not "Direct Posting", then how investments can be entered into that account.
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Thank you Suresh,
I think it may be a minor mistake in Indian Localisation.
Thanks again for looking into the matter.
Sorry i don't have Cronus India, in Cronus USA the capital stock account is setup as Direct Posting.
The only entry is opening entry
Capital Stock (Cronus India Limited)
| No. | Name | Income/Balance | Account Type | Totaling | Gen. Posting Type | Gen. Bus. Posting Group | Gen. Prod. Posting Group | Net Change | Balance | Cost Type No. | VAT Bus. Posting Group | VAT Prod. Posting Group | Add.-Currency Balance at Date | Additional-Currency Balance | Additional-Currency Net Change | Balance at Date | Consol. Credit Acc. | Consol. Debit Acc. | Consol. Translation Method | Default IC Partner G/L Acc. No | Direct Posting |
| 3110 | Capital Stock | Balance Sheet | Posting | -20,275,750.00 | -20,275,750.00 | -20,275,750.00 | Average Rate (Manual) | No |
I just check in my Cronus database and the account is setup as Direct Posting Account, what is the account no. you are looking at ?
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