4th Equity bucket
In Canada many foundations put the interest & earnings from the investment pool into a stand-alone equity account as a reserve or capital stabilization account. CSuite can only support 3 defined equity accounts. In order to put this into the account each month it is a manual journal entry from the default fund balance equity account to the 4th equity account. If the system were able to support this 4th equity bucket/account it would allow this process to be more automated; reduce manual intervention & risk for errors.
An option to add additional equity accounts was released 7/6/2022. Here is the release note: Accounts – Net Assets: An option add one or more net assets accounts with the ability to assign the revenue and/or expense accounts that will close into that account when a User closes a period.
This is exactly what I was going to request. We have been with C-Suite for almost 3 years now and still have to complete this manually as you described above. I had inquired about this option/change right from day 1 and was told "perhaps in the future" We have gone through 2 complete audited years with C-Suite, and we would love to see this implemented! So many Canadian Foundations need this option. It would also allow us to have a more fulsome and comprehensive statement to our fundholders.