on 09-17-2014 6:58 PM
Hi,
The client requirement is Listed shares buy and sell through broker. The client trading in number of share scripts like:
Tata Motors
Tata coffee
TCS
Tech mahindra
Infosys The above mentioned shares are booked in the same day.
My idea is to create class master data t code fwzz for each share script
Each share script will be booked as a purchase transaction and sale transaction. Is it correct?
Each share script will buy and sale number of times in the future.
Some of the share script will receive the dividend also.
The above method is correct or any changes are required
Please advice me?
with regards
raju
Dear Krishna,
Steps you have mention above are correct. Please find the process which normally followed.
Create Security class: FWZZ
Important points
(** In case new stocks are issued by the company later i.e. Subscription Rights **)
Purchase: Create deal : FTR_create (100)
Settle deal : FTR_EDIT
Posting entry: TBB1
Corporate action:
Dividend: FWZE/FWSO
In case this is part of process- Change in face value of share
Create corporate action: FWKO
Post corporate action: FWKB
Sale: Create deal : FTR_create (200)
Settle deal : FTR_EDIT
Posting entry: TBB1
Hope this will help.
Regards,
Jain
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