ERP Internals/Modules/Share Manager
Share Manager keeps track of the business’s shareholders and pays dividends on shares when they are declared. It handles stock splits and allows both preferred and common shares. Only large ERP packages have a Share Manager module. Normally only a publicly traded company would use this module.
The first group of tables consists of the Shareholder table which contains one record for every shareholder and the Shareholder Contact table which contains one record for every contact at each shareholder. There is at least one contact record for every shareholder and there can be several. The second table is the Transaction table which contains one record for every transaction (issue, sale, dividend, adjustment). There is at least one transaction for every shareholder and there can be many.
Share Manager sends transactions to Bank Reconciliation and General Ledger.
The first type of transaction issues one or more shares to a shareholder.
The second type of transaction pays dividends to a shareholder.
The third type of transaction records the purchase of one or more shares from a shareholder.
The fourth type of transaction increases the number of shares through a stock split.
The fifth type of transaction records miscellaneous adjustments to the stock record.