Hybrid Share + Deposit Distributions

Pinkapple supports a hybrid member-distribution model for share products whose dividend policy combines share participation and qualifying deposit participation.

This mode computes a distribution pool from two evidence streams:

• share value-days for the selected share product;
• qualifying deposit balance-days for the same member.

The user still works from the dividend event. The hybrid manager adds policy review, projection runs, final runs, evidence review, and allocation confirmation before normal dividend approval and payout.

Workspace Reference

Area	Where To Work	What Users Do There
Share product setup	Shares -> Setup -> Products	Configure dividend eligibility and the hybrid share-and-deposit participation method.
Share registry	Shares -> Registry -> Accounts	Confirm approved member share accounts before declaring a distribution event.
Deposits	Deposits -> Operations -> Accounts	Confirm approved qualifying deposit accounts for the same members.
Dividend events	Shares -> Distributions -> Dividends	Declare the dividend event and open the hybrid distribution manager from the event row.
Payments and accounting	Payments and Accounting workspaces	Process payout or reinvestment and review the downstream finance effect after allocation confirmation.

When To Use It

Use hybrid distributions when the institution wants the final member surplus to consider both:

• the member's time-weighted paid-up share position;
• the member's time-weighted qualifying deposit balances.

Use a share-only dividend method when only share ownership should drive the payout.

Preconditions

Before declaring a hybrid event:

• the share product must be dividend-eligible;
• the product dividend method must be configured for hybrid share-and-deposit participation;
• the dividend event must have a fiscal year or period;
• the member share accounts must already exist and be approved;
• any qualifying deposit accounts must already exist and be approved;
• the distribution window must be clear enough to calculate participation.

User Flow

1. Declare The Dividend Event

Open Shares → Dividends → Dividend Events.

When the selected product is configured for hybrid distribution, the declaration form will only offer:

• Hybrid Share + Deposit Days as the calculation basis.

Save the event first. This prepares the event and its hybrid policy for review.

2. Open Hybrid Distribution Manager

On the event row, choose Manage Hybrid Distribution.

This opens the event-specific manager where users can:

• review and update the hybrid policy;
• compute projection runs;
• compute final runs;
• inspect allocations and evidence;
• confirm the final run for normal dividend processing.

3. Save the Policy

Policy fields determine how the pool is allocated.

Important fields:

• Allocation Model: decides whether the pool is split into share and deposit components or whether both components are converted into one weighted-points result.
• Share Pool % and Deposit Pool %: used when the pool is explicitly split between share participation and deposit participation. They should total 100%.
• Share Weight Factor and Deposit Weight Factor: used when the model combines participation into weighted points. Higher factors increase that component's influence.
• Share Valuation Basis: defines how share participation is valued.
• Deposit Balance Basis: defines which deposit balances qualify.
• Zero Denominator Policy: decides what happens if one participation component has no qualifying evidence.
• Distribution Start Date and Distribution End Date: define the evidence window used for share value-days and deposit balance-days.

Run Types

Projection Run

Use a projection run to preview the outcome without making the result final.

Projection runs are useful for:

• finance review;
• management sign-off;
• validating the policy before final approval;
• checking whether the share and deposit evidence looks reasonable.

Final Run

Use a final run when the policy and evidence window are settled.

The final run:

• computes the final hybrid allocations;
• should be reviewed for evidence, totals, tax, and exceptions;
• becomes the basis for normal dividend allocation and payment once confirmed.

Confirming The Final Run

When the selected final run is computed and reviewed, choose the action that posts or confirms the selected final run.

This does three things:

1. confirms the final hybrid allocations;
2. marks the selected run as posted or synced for the event;
3. moves the parent dividend event into the next processing state.

At that point the event is ready for the normal dividend payment step.

Payment Processing

After the final run is posted:

• non-workflow events can use Process Payments;
• workflow-managed events continue through the configured workflow steps.

The actual payment/reinvestment stage still reuses the standard dividend payment pipeline.

Workflow Behaviour

If the dividend event is workflow-managed:

• the compute step prepares or confirms the final hybrid result;
• the process step uses the normal dividend payment process.

This keeps the event on the same business approval path while using hybrid participation evidence.

What Evidence The Run Uses

For each member share account, the run shows evidence such as:

• opening and closing share units for the distribution window;
• share value-days;
• deposit balance-days;
• share and deposit weights;
• qualifying deposit account count.

For each allocation, review:

• share component ratio and amount;
• deposit component ratio and amount;
• gross amount;
• tax amount;
• net amount;
• dividend option and payment method.

Current Scope

The current user workflow covers:

• hybrid policy management;
• projection and final runs;
• evidence review;
• allocation review;
• normal dividend allocation and payment after the final run is confirmed.

If the organization starts using hybrid distributions in the middle of a period, administrators should decide whether the first run starts from the active system date or whether historical participation evidence must be prepared before the run.