Features
- Creating and managing a register of cooperative members
- Utilizing information on the contributed and current share capital of each cooperative member, as well as for the cooperative as a whole
- Creating and maintaining information regarding the cooperative's obligations to excluded members
- Generating application forms for joining or leaving the cooperative
- Determining the amount for dividend distribution, with the platform adhering to the specified tax requirements for this type of income for cooperative members
- Viewing the history of distributed dividends and the reporting periods for payment
- Paying out dividends through the cooperative's cash office using cash payment vouchers, or via bank transfer by generating bank transfer orders
- Ability to reverse incorrect payments
- Generating reports for active and excluded cooperative members
- Reports for a specific period
- Calculation of the dividend each cooperative member is to receive
Advantages
Provide easy and fast access to information on accrued and paid dividends
Effective management of registers and documentation
Easier administration of member-cooperative data
Quick access to the information you need
Fast and accurate calculation and payment of dividends
The Share Capital Module is designed for small, medium, and large agricultural cooperatives seeking to achieve easier and more efficient organizational management, seamless dividend distribution, and generation of necessary documentation.
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