Enter shareholders, directors and/or participations

Modified on Fri, 05 Apr 2024 at 05:34 PM

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.


After you have followed the seven basic steps of the administration-wizard it is important that you complete the configuration of the administration settings by entering the shareholders, directors and possible participations. 

Besides the informative value (for customer and office) is this also relevant for the automatic creation and deactivation of ledgers accounts in the chart of accounts.


You have to start with creating the contact cards of the shareholders, directors and possible participations in the domain.


Hover your mouse over the Contacts icon in the navigation bar, click on Contacts and then click on the + Contact button in the now-opened screen.

Select the correct contact type (person or company) for all contacts that you want to create and subsequently create the shareholders, directors and the possible participations.


After creating the relevant contacts you have to navigate to 'My domain' in order to complete the configurations of the settings.


'My domain' can be opened from different places in Yuki:

  • Click on the Switch domain icon above on the navigation bar and then click on My domain
  • Click on the Start icon on the navigation bar and then click on the My domain tile
  • Click on the Settings icon on the navigation bar and then click on My domain in the now-opened screen.


In the now-opened screen data of all domains and administrations are shown.



Click on the administration name of which you want to record data, open the Legal tab and then click on the Edit button to enter data.


Shareholders

In Yuki you can keep a shareholders register. Create a new shareholder by clicking on Details in order to update the overview of shareholders. 



Click on the New button in the now-opened screen to create a new shareholder. The following screen is opened:



Select the shareholder (contact), specify per date how much shares are held by the shareholder and then click on the Save or Save + New button.



The shareholders register can be printed.


For each shareholder Yuki will automatically create the following ledger accounts:

  • Loan to {shareholder} (Assets)
  • Subordinated loan from {shareholder} (Liabilities)
  • Loan from {shareholder} (Liabilities)
  • Interest loan to {shareholder} (Profit and Loss)
  • Interest loan from {shareholder} (Profit and Loss)
  • Revaluation loan to {shareholder} (Profit and Loss).

Directors / Owner (sole proprietorship)

To assign directors or one or more owners (sole proprietorship) to a company you have to select the relevant names using the magnifying glass.



For each director or owner Yuki will automatically create the following ledger accounts:

  • For each director a current account {director} will be created. 
  • Purchases that are paid in private by a director will not be recorded on CA Employees but on CA {director}.
  • If it concerns an sole proprietorship or general partnership (VOF) or partnership all private ledger accounts will be created.

Participations

 In Yuki you can keep a list of participations and other to the company related companies. Create a new participation by clicking on Details in order to update the list of participations.



Click on the New button in the screen now opened to create a new participation. The following screen is opened:



Select the participation (contact), specify if there is a group company en enter the percentage of the participating interest. Then click on the Save or Save + New button.


A participation is a group company if a company forms an economic entity together with another company so they are linked in a group or organisation. There is central management.



The list of participations can be printed.


For each participation Yuki will automatically create the following ledger accounts:

  • Participation {contact name of participation}
  • Loan to participation {contact name of participation}
  • Subordinated loan from participation {contact name of participation}
  • Loan to participation {contact name of participation}
  • Interest loan to participation {contact name of participation}
  • Interest loan from participation {contact name of participation}
  • Revaluation loan to participation {contact name of participation}
  • Result participation {contact name of participation}.


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