Issue

How do I capitalise the Borrowing/Formation Cost?

Resolution

To resolve this issue, create a Custom Holding Account. Process a Cash In amount to the created Custom Holding account and match to the Cash Out transaction from the bank account. 

Create a Custom Holding Account

Navigate to Fund Level > Investments > Custom Holding Account 

1. Set up a Custom Holding Account for the Borrowing Cost. See the below screenshot as an example for the asset classification

Record the balance of the borrowing cost

Navigate to Fund Level > Transactions > Browse Bank Statements

1. Select the Custom Holding Account you created
2. Click on Add to enter the total amount of the borrowing cost as a Cash In transaction
3. Match this Cash In transaction with the Cash Out transaction paid from the Bank Account