Declaring a dividend

Last modified 07:53, 24 Apr 2017

Overview

This section shows how to declare a dividend, by giving notice to the creditors of the appointees' intention to pay a dividend.  This follows the preceding sections Adjudicating proofs of debt manually and Adjudicating proofs of debt automatically.

Declaring a dividend

At the time a dividend is declared it is likely that all assets will be realised and the only remaining assets will be in cash or investments.

1.    Click Financials > Distributions tab.

2.    Click Declare Dividend.

Enter the dividend information as shown below:

Field

Value

Creditor Class

Unsecured Creditors

Description

First Dividend to the Unsecured Creditors

Est Rate p/£

2

Date Declared

04/09/2012

Prove By Date

04/09/2012

3.    You may produce a notice of dividend from here by clicking Print Notice.

4.    Save the notice to your desktop.

You will observe that the Document Management appears after you have created the notice.

5.    Link the document into the Document Management area as previously shown in earlier modules.

Note

The dividend information will now appear in the dividend selector for mail merges in the dividends category.

6.    Click OK and review the distribution details.

Page statistics
279 view(s) and 4 edit(s)
Social share
Share this page?

Tags

This page has no custom tags.
(not set)

Comments

You must to post a comment.

Attachments

 

 | Cookie Policy | Copyright | Privacy Policy Terms of Use | Contact Us |