Location: Bookkeeping module > Dashboard > Client specific > Tasks > Dividends


Click here to watch how to set up 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.