Share Management

Share Management keeps the share register that the Office of the Company Registrar expects a private limited company to maintain: Shareholder records, Share Transfer documents for issue, transfer and buyback, and the Share Ledger and Share Balance reports. The demo's Share Capital of Rs 25,00,000 is recorded against the founders. A share issue posts through a Journal Entry, Dr Bank, Cr Share Capital, and the Share Transfer records who holds which numbered shares. It is opened rarely, when shares change hands or at the annual return.

1. 01Go to Share Management from the sidebar.
2. 02Open Shareholder and create one record per owner with their details.
3. 03Click Share Transfer > New, choose Issue, the shareholder, number of shares and price.
4. 04Submit; the shares appear in the Share Balance report.
5. 05Post the matching Journal Entry crediting Share Capital for the money received.
6. 06Print the Share Ledger for the Company Registrar's annual filing.

Maintain the share register for the Company Registrar.

Share Capital Rs 25,00,000 recorded against the founders.