This support article highlights what it means to be in drafts and published.
Before a Carta account goes live, all data entries will be in draft. Going live will publish all the data and invite all stakeholders to view their holdings on Carta.
Draft Transactions
Whilst data is in draft status, no stakeholders are notified or can view their data except for administrators who are managing the account. At this point, it possible to make any changes to the data if necessary, such as editing or deleting an issuance.
When importing a file onto Carta, the data will automatically be saved as drafts and it is possible to view, amend or even delete the import file. Similarly, when manually inputting data onto Carta, click Save draft (before activating the account, this will be the only save option). Once this has occurred, the issuance will have a Draft status.
Once saved as draft, it is possible to edit any transaction using the Actions Button. The following options are available for any type of equity transaction:
- Publish and Notify - This option will only be available if the account is live.
- Edit - Allows you to edit the issuance data.
- Delete - Completely remove the issuance.
It is recommended to save any new data as draft in the first instance so you can review before publishing.
A live account can have both Draft and Published data. To enable draft visibility for administrators, navigate to Status > Drafts and switch the toggle to On.
Published Transactions
Once all the data has been reviewed and deemed to be accurate it is possible to publish the transactions.
When importing a file onto a Carta account that is live, you will have the option to save the data as a draft by clicking Review imported data or publish the data by clicking Publish. It is also possible to Delete imported data.
Depending on the type of the transaction, it is possible to edit without having to revoke. Furthermore, you can also edit a published share issuance and correct issued grants.
If editing/correcting is no longer possible, you can revoke an incorrect registration.