Dividends tool is ready to go live!

News posted by [Archived User] 10 years ago

Please see below for an overview of the improved dividends tool:

Share Structure:

  • Specify the nominal value and type of your shares, for use in dividend and shareholder documents

Shareholders:

  • Manage your shareholders
  • Issue or buy back their shares, and transfer shares between shareholders
  • View the share transaction history for each shareholder in the share register
  • See an annual summary of dividend payments made to each shareholder and download this as a PDF

Dividends:

  • Release dividends that automatically calculate each shareholder's payment and tax credit based on share holdings at the date paid
  • Authorise your dividend by a chosen director
  • View and download dividend vouchers for each share holder
  • Automatically generate and download minutes of the meeting authorising the dividend

Let us know if you have any questions.

2 Replies

Can somebody explain how I reconcile my account payment against the dividend?

On the old version the dividend showed up as a Purchase and I could just match the bank transaction against this. With the new process this doesn't seem to be the case.

Do you a step by step guide showing how to use the new functionality?

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