Transactions Template guidelines:
- In ORCA, you have the capability to apply ownership multiple times to an object.
- For instance, you can record several transactions involving the same relationship, such as Richard's purchase of a particular object (e.g., a car, a house, or a company) on more than one occasion.
- This flexibility allows for accurate tracking of multiple instances or transactions associated with the same owner and object, as well as the capability for multiple owners associated with the same object.
- There are validations in place e.g a person can NOT own another person
- Depending on the traded item, the amount type differs e.g. 50%, 1 unit (1 car or 1 art), value in relation to currency 100,000 USD.
- The available actions for ownership transactions are found by Clicking the Toggle ▶️
Ownership Transactions Template
Column A - Type (Required)
- The type will always be ‘event’
Column B - ID (Optional)
- Can leave blank or you can provide the Unique External ID from the transaction of your accounting reporting tool
Column C - Event Type (Required)
- The type will always be ‘ownership’
Column D - Date (Optional) - Date format = YYYY-MM-DD
- While inputting the Date is initially optional, we recommend adding dates later to utilize the Time Travel feature. If you have the dates, please input them here. You also have the option to return to the transaction in ORCA and provide a date.
Column E - Subject (Required)
- Use the Unique Identifier you have created from importing ‘Items / Entities’ to be the Point of Origination
Column F - Action (Required)
*NOTE* When connecting a natural Person with a Trust in ORCA, the term “owns” is translated to “is a beneficiary of.”
List of ownership actions
- bought
- sold
- gifted
- was gifted
- transferred
- was transferred
- inherited
- bequeathed
- owns
Column G - Power (Optional)
- List of Powers
- full
- economic
- legal
Column H - Object (Required)
- The object would be the Legal entity or Asset. You will fill in the Unique Identifier here.
Column I - Amount (Optional)
- The Amount (Column I) is directly related to the Amount Unit (Column J) described below
- Examples:
- 100%
- 100,000 Shares
- Absolute Value = $10,000,000 USD
Column J - Amount Unit (Optional)
- List of Units
- %
- Shares
- Value
- New share Class
Column K - Share Class Name (Optional)
Column L - Total Cost (Optional)
- The Amount (Column L) is directly related to the Price Currency (Column M) described below
- Example: 10,000,000 USD
Column M - Price Currency (Optional)
List of Currencies:
AED | AFN | ALL | AMD |
ANG | AOA | ARS | AUD |
AWG | AZN | BAM | BBD |
BDT | BGN | BHD | BIF |
BMD | BND | BOB | BRL |
BSD | BTC | BTN | BWP |
BYN | BZD | CAD | CDF |
CHF | CLP | CNY | COP |
CRC | CUC | CUP | CVE |
CZK | DJF | DKK | DOP |
DZD | EGP | ERN | ETB |
EUR | FJD | FKP | GBP |
GEL | GHS | GIP | GMD |
GNF | GTQ | GYD | HKD |
HNL | HRK | HTG | HUF |
IDR | ILS | INR | IQD |
IRR | ISK | JMD | JOD |
JPY | KES | KGS | KHR |
KMF | KPW | KRW | KWD |
KYD | KZT | LAK | LBP |
LKR | LRD | LSL | LYD |
MAD | MDL | MGA | MKD |
MMK | MNT | MOP | MRU |
MUR | MVR | MWK | MXN |
MYR | MZN | NAD | NGN |
NIO | NOK | NPR | NZD |
OMR | PAB | PEN | PGK |
PHP | PKR | PLN | PYG |
QAR | RON | RSD | RUB |
RWF | SAR | SBD | SCR |
SDG | SEK | SGD | SHP |
SLL | SOS | SRD | SSP |
STN | SVC | SYP | SZL |
THB | TJS | TMT | TND |
TOP | TRY | TTD | TWD |
TZS | UAH | UGX | USD |
UYU | UZS | VES | VND |
VUV | WST | XAF | XCD |
XOF | XPF | YER | ZAR |
ZMW | ZWL |
Column N - Counterparty (Optional)
- Use the Unique Identifier you have created from importing Items / Entities to be the other party or entity involved in a financial transaction or agreement.
Column O - Notes (Optional)
- Useful for explaining the details of this Ownership event