ETRAN Validation Rule: For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity
Jan 14, 2024
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- ETRAN Validation: For Principal, Percent Ownership percentage provided requires Principal to be a Controlling Interest Entity (2116)
Possible Resolution: Check the controlling interest for your entity owners (Entities menu > Contact level menus). If ownership is distributed evenly and is less than 51%, then Controlling interest will need to be checked for all owners. Examples of when you would need to check against owners is when you have ownership splits as 50/50; 25/25/25/25; and 33/33/33.