Transfers

Transfers manages the movement of shares from one member to another, recording transferor, transferee, class, units and consideration. Each transfer follows a two-person approval path so that the staff member who captures it cannot be the one who authorises it, satisfying segregation-of-duty controls. Approved transfers post offsetting movements on both accounts and trigger certificate reissue.

Transfers
Transfers — live screen from the BridgeERP MFI Suite.

Workflow

  1. Open Shares then Operations then Transfers to view the transfer register.
  2. Create a transfer specifying the transferor, transferee, class and units.
  3. Submit the transfer so it moves to the pending-approval state.
  4. Have a second authorised officer review and approve or reject the request.
  5. On approval, confirm the posting and reissue of certificates to the new holder.

Fields reference

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

FieldTypeRequiredDescription
From Member
from_member_id
Link → mfi.memberYesFrom Member
To Member
to_member_id
Link → mfi.memberYesTo Member
From Account
from_account_id
Link → mfi.share.accountYesFrom Account
To Account
to_account_id
Link → mfi.share.accountYesTo Account
Shares
shares
NumberYesShares
Transfer Date
transfer_date
DateYesTransfer Date
Company
company_id
Link → res.companyYesCompany
Has Message
has_message
Yes/NoHas Message
Transfer No.
transfer_number
TextTransfer No.
Share Product
product_id
Link → mfi.share.productShare Product
Currency
currency_id
Link → res.currencyCurrency
Price / Share
price_per_share
MoneyPrice / Share
Total Consideration
total_consideration
MoneyTotal Consideration
Reason
reason
Long textReason
State
state
Choice: Draft, Pending Approval, Approved, Rejected, DoneState
Approved By
approved_by_id
Link → res.usersApproved By
Approval Date
approval_date
Date & timeApproval Date
Stamp Duty
stamp_duty
MoneyStamp Duty
Notes
notes
Long textNotes
Transactions
transaction_ids
ListTransactions

Actions & buttons

Buttons available on this screen and what they do:

  • Submit
  • Approve
  • Reject
  • Complete Transfer
  • Reset

Status lifecycle

Records on this screen move through these statuses:

Draft → Pending Approval → Approved → Rejected → Done

Notes & rules

  • Two-person approval is mandatory: capture and authorisation must be by different users.
  • Shares under an active pledge cannot be transferred until the pledge is released.
  • Approved transfers post a debit on the transferor and a credit on the transferee account.
  • The original certificate is cancelled and a fresh one issued to the transferee.

Technical model: mfi.share.transfer · Record: MFI Share Transfer

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