Hi,

My question is concerning the allocation of shares in my quickbooks bookeeping for financial reporting of our first fical year.

I would like to show the allocation of shares for the two stakeholders, myself and my partner.

How do I do this other then paying an accountant and lawyer alot of money ?

Are you asking how it's done from an accounting standpoint, or from a Quickbooks standpoint?

It would also be nice to have more information than that. You've said "shares," but shares are stock. Are you incorporated, or are you a partnership? And that's also implying your initial investment, which would be recorded just exactly how you invested it. i.e. there isn't anything to "allocate" - you record exactly what you invested.

Or are you trying to allocate the net income/loss for the year? That would seem a more meaningful use of the term "allocate."

I'm just a bit confused over exactly what it is you are trying to do. Numbers would help, and you can just make up fake ones if you like.