Master Records > Equity Transaction Codes > Update or Delete Equity Transaction Code Record

In AccountMate, you may review and edit or delete an existing equity transaction code record. The changes you make will only affect the transactions that you post after you made the changes. You may delete an equity transaction code record if it is not assigned to a major segment value.

Note: You cannot edit or delete the predefined equity transaction codes in AccountMate (i.e., "PROFTIT" for IFRS companies and "NETINC" (for non-IFRS companies).

To update or delete an equity transaction code record, perform the steps below:

1.Access the Equity Transaction Code Maintenance function from the Accounts group under the Maintenance menu of the General Ledger module. AccountMate Enterprise displays the equity transaction codes set up for the company in the grid.

2.For each record that you want to amend, you may double-click on its corresponding field on the grid to make it editable.

3.Enter the necessary changes in the applicable fields.

4.When you are ready, click the Save button in the Maintenance toolbar to save your changes; otherwise, click the Cancel button to abort operation.

Note: You can change the status of an equity transaction code from "Active" to "Inactive" only when the equity transaction code is not assigned to any major segment value.

5.If you want to delete the equity transaction code record, highlight the code that you want to delete; then, click the Delete button in the Maintenance toolbar. In the dialog box that appears, click Yes to confirm deletion; otherwise, click No.

Update or Delete Equity Transaction Code Record

Update or Delete Equity Transaction Code Record

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