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Payments overview

You can use Payments to setup and manage dividends that you pay to your investors.  

The lifecycle of a payment has four stages:

  1. Setting up the payment: Configure the date, rate, tax and other options for your payment.
  2. Review and scheduling of the payment: Check details and notify investors of your upcoming payment.
  3. Payment date actions: Generate an ABA file to use with your bank so that direct credit payments can be made to your investors.
  4. Handling failed payments to investors: Manage incomplete and failed payments, once the payment date has passed.

 

 

You can set up a payment for a Company or a Unit Trust.