Share Products

Share Products defines each class of share the SACCO offers, such as ordinary, preference and deferred, setting the par value, premium handling, holding limits, dividend treatment and redemption rules. The product chosen on a subscription drives valuation and the controls enforced throughout the lifecycle. Maintaining products correctly is the foundation for accurate capital accounting.

Share Products
Share Products — live screen from the BridgeERP MFI Suite.

Workflow

  1. Open Shares then Configuration then Share Products.
  2. Create or open a product and name the share class it represents.
  3. Set the par value, any premium and the minimum and maximum holding limits.
  4. Configure dividend eligibility, redemption and notice rules for the class.
  5. Save so the product is available for subscriptions and corporate actions.

Fields reference

Every field on this screen, drawn from the live data model.

FieldTypeRequiredDescription
Max Shares / Member
max_shares_per_member
Number0 = unlimited
Name
name
TextYesName
Code
code
TextYesCode
Share Class
share_class
Choice: Ordinary, Preference, Deferred, Founders, EmployeeYesShare Class
Par Value
par_value
MoneyYesPar Value
Currency
currency_id
Link → res.currencyYesCurrency
Company
company_id
Link → res.companyYesCompany
Has Message
has_message
Yes/NoHas Message
Sequence
sequence
NumberSequence
Issue Price
issue_price
MoneyIssue Price
Nominal Value / Unit
nominal_value_per_unit
MoneyNominal Value / Unit
Voting Rights
voting_rights
Yes/NoVoting Rights
Dividend Entitlement
dividend_entitlement
Yes/NoDividend Entitlement
Min Shares / Member
min_shares_per_member
NumberMin Shares / Member
Cumulative Dividend
cumulative_dividend
Yes/NoCumulative Dividend
Default Dividend Rate (%)
dividend_rate_default
DecimalDefault Dividend Rate (%)
Active
active
Yes/NoActive
Description
description
Rich textDescription
# Accounts
account_count
Number# Accounts

Notes & rules

  • Par value here drives paid-up value on every account using the product.
  • Holding limits enforced on the product are checked by purchase and transfer flows.
  • Redeemable preference classes carry their own redemption and notice settings.
  • Dividend and voting treatment differ by class and are defined per product.

Technical model: mfi.share.product · Record: MFI Share Product

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