Cannot find transactions before or on this date – CAS 360 Australia

Query

When processing a Shareholder/Unitholder transaction, I receive the error message:

Cannot find transactions before or on this date

No unitholders on this date

No Members On This Date

No shareholders on this date

Member/unitholder changes are required to be dated after the member originally acquired the shares.

Example

John was allotted 10 Shares.

John transfers 5 shares to Mary. Logically the Allotment must occur first before the transfer

If the error is occurring, either:

the original transaction date must be corrected to be before the current transaction; or
the current transaction date must be corrected to be after the original transaction.

This is common when data is imported from ASIC to CAS 360.

When Shareholders are imported, shareholding dates are entered as either the import date of the Company data or the Company Registration date.

This is due to ASIC not retaining shareholder dates on their database.

The Shareholders will also be entered as Balance type transactions.

In the shareholders screen, beside the shareholders, click and select Change to Allotment.

To change the transaction dates for shareholders, see How to Update/Change Shareholder Dates for more information.