Morris Plains, NJ (PRWEB) November 17, 2010
S-Corporations can now use StockTrack to generate K-1 tax reports with StockTrack shareholder recordkeeping software. This simplifies the time-consuming process of calculating the pro-rata ownership and allocation information required for the K-1. New cash dividend options handle calculations of state taxes for S Corporations where required.
Version 12.7 of StockTrack continues the StockTrack tradition of providing many useful enhancements to this shareholder accounting software with each release. StockTrack, which has a 21 year history of dependability and reliability, provides a complete and cost effective Transfer Agent solution. The software supports issuance and transfer of stock, printing of stock certificates, cash dividends (including generating NACHA files for direct deposit), dividend reinvestment, proxy voting and reporting, stock splits, and all related reporting as well as support for tax reporting. It is in use by Commercial Stock Transfer Agents and Self Issuers, including S-Corporations, across the U.S.
Current licensees consider StockTrack the most complete and cost effective product available. They cite ease of use, extensive feature set, reports on all aspects of shareholder accounting, flexibility, cost basis information, audit trails, reasonable pricing and great support as reasons they are happy that they selected and use StockTrack. Licensees report that StockTrack is “the easiest to use” shareholder accounting software. They particularly like the idiot-proof system flow that makes it easy to learn and use.
There are more than 70 reports on all aspects of shareholding accounting including stock ledgers; certificate registers; transaction journals; pro-rata ownership, insider trading and insider ownership; dividend and split reporting; dividend reinvestment; proxy voting and voting card support; warrants and options; and company overview of outstanding shares. In addition, statements, confirmations, and cover letters can be printed in ready-to-mail formats. Many reports are available as Excel spreadsheets as well as formatted reports.
Go to http://www.stocktracksoftware.com to obtain this software free for evaluation, request an invitation to a live feature demonstration over the Internet, or view a five minute pre-recorded StockTrack overview. Contact Figtree Software, 973-539-9311 ext. 7027 or by email to stock(at)figtree(dot)com for more information.
All StockTrack licensees who are current on software maintenance and support are entitled to this update. Go to http://www.stocktracksoftware.com to download.
Figtree Consulting, Inc., is the publisher of StockTrack and is a developer and publisher of custom business software and nationally distributed software products. The company provides web-based and desktop applications for many industries including distribution, publishing, and banking. For more information, visit http://www.figtree.com and http://www.stocktracksoftware.com.