Owners on Suspense
JIB ›› Tools/Settings for Op. Statements ››
Owners could be placed on Suspense for reasons like, unknown address, litigation, etc... Owners on Suspense are not issued a Revenue Check and the amounts are stored in the JIBHIST file. This routine allows you to change Suspense status codes, amounts and beginning and ending suspense dates in the DOI file.
Select JIB - Tools for Statements - Owners on Suspense
The suspense status for owners may be changed here and will update the Division of Interest file for suspense status. When you place an owner on suspense, you must enter a beginning suspense date. The default date will be 01/01/1901. When an owner is released from suspense and receives revenue, the ending date defaults to the first transaction date found for revenue less one day from the Transaction file when Operating Statements are updated.
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