E800: Transfer Between Restricted and Unrestricted Equity
This control table creates an automatic journal
performing a transfer between restricted and unrestricted equity.
According to Swedish legislation, unrestricted equity may not exceed
what can be distributed, which is determined by means of a number
of conditions. Automatic journal type 80 is used here.
The control table E800 has the columns I/U/R and Priority. Only one I account can occur, but there can be several accounts for U and R, which you must then place in order of priority.
- I - account for net income
- U - account for unrestricted reserves
- R - account for restricted reserves
- Control table E800 will only book on dimension if this is defined in the control table.
- This automatic journal should not be used by customers following the IFRS (International Financial Reporting Standards).