How to Issue a Stock to a Patron Customer

Pre-requisites: 

• Adding a stock classification
• Setup a patron customer

1. Go to Patronage > Stock Details > Issue button from the toolbar.
2. Enter details in the screen:
   1. Issue Date – defaulted to the date today.
   2. Customer
   3. Stock Name – the stock classification to use
   4. Certificate No – combination of characters. Should be unique. Will generate an input if left blank upon saving.
   5. Stock Status
      1. Voting
      2. Non-Voting
      3. Other
   6. Number of Shares
   7. PAR Value – the par value of the selected stock name.
   8. Face Value – the value of the issued stock for the patron. (Number of Shares x PAR Value).
3. Click Save button.
4. If saved successfully, click Post button. This will create an invoice for the stock issued for the customer.
   
   

Important Notes:

• You can check the GL entries by pressing the Post Preview located at the toolbar of the screen.
• Unposting the stock will unpost and then delete the invoice. If the invoice is already paid, the stock should not be unposted.