Frequently Asked Question

How to Move Management of a Company to a different Managing Company?
Last Updated 8 months ago

We assume here that the Managed Company is remaining in the same bank account as before. If not then that switch has to be done as a separate process. See FAQ relating to Changing Bank Account for a Company.

At any time during a period just go to Companies Maintenance for the Managed Company.

Click on Amend Managed Company Details button and change the Managed by field from the old to the new Managing Company.

That is it.

At the next Managed Company Period End Closedown All commissions will be made payable to the new managing company.

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