Stock Purchase Update (BN141)

Run Stock Purchase Update (BN141) to purchase stock for employees.

The report is sorted by stock purchase plan and employee. For each employee, the list shows: account balance before purchase, the number and cost of share of stock purchased, and the remaining account balance.

Processing Effect

The application purchases as many shares of stock as possible at the current price per share, up to the employee's current account balance. The Lawson Payroll application updates stock account balances in the Benefits Administration application when you close a payroll cycle.