Selling shares - how to account for this

As a co-op we’re selling community shares.

Is there a way to raise an invoice for these directly, or should I just raise a normal invoice as if selling any product and then create a journal?

If so, what journal do I make? Is it:
Debit General Sales (4000)
Credit Ordinary Shares (3000)


If you are issue new share then it will be
Dr Bank
Cr Share capital a/c

No invoice to issue instead share certificates

Thanks very much for the quick response and useful advice.

I’ve issued invoices so that people can use GoCardless/Stripe to pay.

I’ll issue share certificates once we’ve received the money.

Does this change anything?

It not an income hence cannot issue invoice, it should not end up in P&L at all, its purely balance sheet event

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