Purchase Shares

The Purchase Shares wizard guides the registrar through subscribing a member to additional shares in a chosen class. It captures the member, share product, number of units and payment source, validates against any subscription limits, then posts an allotment and updates the share account. It is the standard entry point for new and top-up subscriptions.

Workflow

Open Shares then Operations then Purchase Shares.
Select the member and the share product (class) being subscribed.
Enter the number of units and confirm the par value and total consideration.
Record the payment method or link the receipt.
Confirm to allot the units, post the transaction and update the share account.

Fields reference

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

Field	Type	Required	Description
Member `member_id`	Link → mfi.member	Yes	Member
Share Product `product_id`	Link → mfi.share.product	Yes	Share Product
Shares to Purchase `shares`	Number	Yes	Shares to Purchase
Transaction Date `transaction_date`	Date	Yes	Transaction Date
Existing Account `account_id`	Link → mfi.share.account	—	Existing Account
Price / Share `price_per_share`	Money	—	Price / Share
Currency `currency_id`	Link → res.currency	—	Currency
Receipt Number `receipt_number`	Text	—	Receipt Number

Actions & buttons

Buttons available on this screen and what they do:

Purchase

Notes & rules

The wizard enforces any minimum or maximum holding rules defined on the share product.
Consideration is units multiplied by par value, with any premium handled per product setup.
A successful run creates a subscription transaction and, where configured, a certificate.
Payments can be matched to receipts so capital and cash stay reconciled.

Technical model: mfi.share.purchase.wizard · Record: Share Purchase Wizard