This transaction is used to record the transfer of shares between company members.

This transaction is also used to record the sale of a members shares to a new member. The new member needs to be set up using: (menu option Business| Shares |Add New Member)

Note that only the numbers of shares transfered is recorded in the members share register, the monetry value of the transfer is not recorded, because the value of the deal is between the two individuals and the company is not directly concerned.

The company member to transfer shares from.

The company member to transfer shares to.

The share type list contains all share types associated with the company.

The date of the transaction. Dates can either be entered manually or selected from the pop-up calendar by clicking on the  icon. Dates must be entered in the format DD/MM/YYYY, for example, 01/01/2000.

When entering dates manually, a date guessing routine speeds up the input by taking the user input and assuming the missing month and or year based on the current date as the user leaves the field i.e.

the date today is 30th October 2009

• User enters 15 or 15/ and tabs - field displays 15/10/2009
• User enters 15/9 or 15/9/ and tabs - field displays 15/9/2009

The number of shares to be transfered between the company members.