Q: Can I have different group structures in the system for the same group?
A: No. You can only have one active group structure in Quick Consols at any point in time.
Q: How do I change my group structure?
A: This is something that needs to be done via our support department. Please log a call at support@quickconsols.com so that a support consultant can get in touch with you to get this done.
Q: How do I change the % holding in a company?
A: You can manage this by clicking on Companies->Manage Holdings. Remember to have a continuous shareholding at all times.
Q: How do I change the type of group company (associate to subsidiary)?
A: You need to create a new company in Quick Consols if there is a change in an entity where it goes from one type to another. You can upload the relevant data into the new system as required.
Q: Can I change percentage holdings per company in the future?
A: Click Companies->Select the relevant holding company->Manage Holdings and then edit
A: Make sure you don’t have any missing periods in your holdings or your balance sheet won't balance. You cannot change the nature of an entity (Associate to Subsidiary).
Q: Does your system accommodate cross shareholding?
A: No, the system doesn’t currently support cross shareholding. We advise that you apply an effective shareholding percentage to a company that has a cross shareholding.