How to Collect Equity

Pre-requisite:

• Refund Rates
• Patron Customers
• Processed Refund

Customer equities are primarily collected from processing refunds based on the refund type of each refund customer. Equities are also classified by fiscal year, customer, refund type, and equity type. There are 2 types of equity which are Undistributed and Reserve. Undistributed equities can be collected from refunds, transferring equity between customer, or transferring from stock to equity. While Reserve equities can only be collected from transfer equity modes; transferring to reserve, transferring equity between customer, and transferring stock to equity. See the links for each to know about the collection of equities for each types:

Undistributed:

• Processing Refunds
• Transfer Equity between Customer
• Transfer Stock to Equity
• Transfer Equity Reserve to Equity

Reserve:

• Transfer Equity to Equity Reserve
• Transfer Equity between Customer
• Transfer Stock to Equity

To check the summary of equity, navigate to Patronage module and open Equity screen.