How should I enter a receipt for unpaid share capital in Insol?

When you receive a payment in respect of unpaid share capital it should be posted into the relevant Equity account.

To ensure the account is setup properly we recommend the following. 

First you should ensure the Share Class has been created in the Corporate>Members register, if the share class does not exist you can create it by clicking the Add button.

When the share class is created the system will also add a new Equity account into the job's chart of accounts, with the same name as the share class.

We recommend the receipt for Unpaid Share Capital should be posted into the relevant Equity account.

Entering the receipt into this equity account will report on the form 5602/5603 as Other receipts.