Customer feedback & Ideas for IRIS

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Classes of Share Capital Allowed

HI There

 

At present you can only have 3 classes of shares without having to then add a freeform note for the company share capital. Can this not be increased to handle up to say 10 share classes please.

 

Thank you

  • Guest
  • Aug 29 2018
  • Already exists
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  • Admin
    Alex John commented
    August 29, 2018 11:57

    It is possible to include up to 20 types of share capital already. Account code 966 has 20 sub accounts to allow for the posting. Then rather than using the data screens to enter information about the share capital switch on the share register. Select Edit / Share Register Status, tick the data is good for accounts and select the accounting period to apply from. 

    Any questions contact Support, who can guide you through setting it up correctly.