This module helps you to set the different configurations for shares that will used while dealing with share transactions. This means that the default and compulsory parameters will be defined here to make the entry of share transactions easier.
How to configure Share Transactions
To do this you go to System->Configurations->Shares and a screen like the one below shows up:
- Calculate dividends based on the lowest monthly outstanding share balance: Dividend calculation is based on the lowest share balance that was on the shareholder's account from the start to the end of the month.
- Calculate dividends on average monthly share balance; Dividend calculation is based on the average of the share balances on the shareholder's account from the start to the end of the month.
- Calculate dividends on the end of the period balance; The dividend calculation will be based on the end of period balance.
- Calculate dividends on the end of month shares balance; Dividend calculation is based on the end of month share balances on the shareholder's account.
Click on the Save button to save the shares settings.
Click on theClose command button to exit the menu.
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