Dispose of internal shareholdings and investments

Complete the following steps to dispose of internal shareholdings and investments.

Procedure

  1. In the Shareholdings and Investment window, click Copy.
  2. Select Dispose of.
  3. Enter Disposal Date, Investment Date (normally the same as Disposal Date) and Disposal Account for P/L transactions.
  4. If you are storing investments in Group currency, enter Closing Balance for Share Capital. This information is necessary to be able to move investments to historical rates.
  5. Enter Investment Account for P/L transactions and New Owner.
  6. If you are storing investments in Group currency, enter New Currency.

    New Currency is mandatory if you are performing an internal disposal and if investments are stored in group currency. Otherwise the currency code will always follow the company code. If you don't want to change the currency you leave this field blank. Note that no currency translation will be performed, only change of currency code.

  7. Select the transactions that you want to copy.
    Note: No currency translation is made in the routine. This means that values have to be checked and corrected manually.