A very useful feature of the program is the ability to print Dividend Warrants and lists.

NB.  The screen will default to holders registered and payment date of the current system date and these dates can be over typed.

The Description of Dividend will default to the words as above in order that you may simply append the year end date, or alternatively, replace the text with your own wording.

The program will search the register of directors and secretaries in order to find the name of the current Company Secretary.  If found, the name will be inserted in the Certificate Signed by: field and this can be over typed if you wish.

The Extra Narrative text field provides an opportunity for you to type a small amount of text that you would like to appear on the foot of the dividend warrant and is entirely optional.

Once the above form is complete you must first Save the entry.  You can then either print a Dividend List, being a list of shareholders and amounts of dividend/tax credit, Dividend Warrants or Dividend History by highlighting the required dividend entry and then selecting the appropriate report by clicking its icon.  You may also print Deeds of Waiver of dividends for any individual members flagged as waiving their dividends (see below) by selecting Deeds of Waiver icon.

Styles of Dividend Warrant

Dividend Waivers

In order to prevent dividend warrants being printed or dividends calculated and included in dividend lists for a particular member or to partially waive a dividend, select the Dividends Waiver tab when setting up a dividend and then insert as many members as are waiving that particular dividend. The percentage waived will default to 100% but this can be amended prior to saving. Dividend waivers can also be defined as a fixed monetary amount.

As a quick way to entering certain members as waiving their dividends, you can tick the "Dividend Waived" tick box in a member's details screen.  Then, when you wish to insert all members that "normally" waive dividends, you may click on the "Add all members with default waiver flag" button and they will all be added to the list.  The list can then be modified as required.

Tax Credit

In order to prevent tax credit being calculated for a particular member (eg. group companies), simply tick the "Do not deduct tax from dividends" check box in the member's details screen.