If a new share class has been created and you want to update the share class of a shareholder, you will learn how to do that in this article. So this article is about how to convert the share class of a stakeholder.
How do you convert the stakeholder's share class?
Go to Ownership > Transactions > Add Transaction > Other transactions > Class conversion.
In the modal, you define when and how many shares from which stakeholder you want to convert to which share class. Furthermore, you can optionally attach documents and an internal note.
By clicking on the Save button, it will create a Share Conversion transaction.