How do I add or amend the Partner/Member profit share?
Article ID
ias-11699
Article Name
How do I add or amend the Partner/Member profit share?
Created Date
26th June 2014
Product
IRIS Accounts Production
Problem
How do I add or amend the Partner/Member profit share?
Resolution
The Partner/Member profit share is set from the following screen:
Edit | Partner/Member Profit Share
To add a new profit share select, New Date | Enter the relevant date | Select OK and set the profit share per Partner/Member
Or
To amend an existing profit share for a date appearing within the ‘Net Profit Share Dates’ screen, follow the below steps:
1. Highlight the relevant date and Select Shares
2. Select the appropriate Partner/Member and click on Change Share
3. Set the correct Partner/Member profit share and Select OK
NOTE: Please ensure the total profit share for all the partners/members equals 100%
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