K-1 Threshold

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You can setup a threshold limit for K-1 Ownership percentage from here.

Go to Admin > Account Setup > K1-Threshold tab.

 

The default K1-Treshold percentage is 25%.

You can change the K1-threshold percentage as per your firm's requirement. Change the percentage and click on "Update" button.

If the ownership percentage on any K-1 exceeds the threshold defined here, then the system will list the related business return as 'Missing' if it is not identified in the scanned documents.

Note:

This threshold will have no other impact on any other functionality.

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