Location: Bookkeeping module > Dashboard > Client specific > Tasks > Dividends
On clicking +Dividend, a window appears for creating Dividend Voucher. The shareholder should be selected from the drop-down; also new shareholder can be added to clicking +button, as shown in the image.
Ref. No. is system generated and unique.
Share Type is Equity or Non-Equity.
Share Class Type can be selected from the drop-down.
Year End date is system generated. (last day of the current year).
Declaration Date can be selected from the Calendar.
Payment Date can be selected from the Calendar.
No. of shares owned by the Shareholder.
Dividend per share should be entered.
Dividend payable is No. of Shares*Dividend per share
Checkbox to exclude Tax Credit.
The tax credit is an amount of money that taxpayers are permitted to subtract from taxes owed to the government.
A gross dividend means Dividend payable and Tax Credit.
Post Journal functionality is system will generate Journal entry for the Dividend paid.