Why do I have transactions to unspecified shareholders?

Article ID

ias-12180

Article Name

Why do I have transactions to unspecified shareholders?

Created Date

26th November 2015

Product

IRIS Company Secretarial

Problem

Why do I have transactions to unspecified shareholders?

Resolution

When the share details are bridged from Accounts Production to Company Secreterial, the share register will allocate shares to an unspecified shareholder if all issued shares have not previously been allocated to directors. In order to allocate these shares to the correct individuals: Go to Edit | Share Register and select the Transactions tab. Highlight the transaction and click View. Select Delete at the bottom of the screen Confirm the deletion then click Yes and OK. The transaction now needs to be re-entered. In the “Transactions” tab Go to New | Share Issue Eventand enter the appropriate details.