Record Joint Shareholders
Joint shareholders must first be created as separate entities, that is, as two individuals, and then as a joint entity using the Other Entity wizard.
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Create individual records for the two joint shareholders.
Refer to Create an individual for more information.
- Create a joint holder type other entity.
Use the names of the joint shareholders as the entity name. The registered office address can be the home address for the joint holders. The address entered as registered office appears on share certificates following an allotment or transfer to the joint holders.
For more information on how to create an other entity, refer to Create an other entity.
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Open the other entity record you just created and go to Other Entity Details > Joint Holders > Wizards and select New Joint Holder.
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Complete the wizard for the first individual, then initiate the wizard again and complete it for the second individual.
What's next?
When you allot shares to a joint shareholder or perform any share transaction, search for the joint shareholder by selecting joint holder in the Search field and allot shares to them as normal. Refer to Allot Shares to a Shareholder for more information.
