The way our Quick Invoice feature updates horse ownership records has been enhanced.
Previously, the new owners in a horse, when invoiced via the Quick Invoice (Share Sales) screen, were automatically added to the ownership of the horse in question. This presented a problem for those who wish to transfer share interests from another owner or an internal finance account. The horse ownership % increased beyond 100%.
To prevent this occuring and to provide maximum flexibility, the Edit Horse Ownership window now pops up after processing quick invoices.
1. Add Quick Invoices as normal, specifying the date of the invoice, the horse, the owner or owners, the share % of each owner, the invoice line item, total cost to be apportioned to new buyers, and the receivable and taxation settings.
2. Upon saving the quick invoice, you are asked if you wish to update the horse ownership records. You may choose to update later, but more often than not, horse ownership will need to be updated immediately.
3. If you choose to add the new owners(s) to the ownership of the horse, the owner(s) are automatically added to the new owner section with the share percentage they have purchsaed. Don't forget to set the appropriate adjustment date in the top left of the pop up window.
4. Where required, you may need to reduce the ownership of other owners (or your internal finance account), to effectively transfer ownership to the new owners.