Morris Plains, NJ (PRWEB) December 02, 2016
Figtree Software announces the release of StockTrack version 15.95. New features of this nationally utilized shareholder accounting system include the ability to generate replacement recipient 1099-B, 1099-DIV, and 1099-INT forms; new tools to simplify handling Options and other employee grants; and enhancements to the user interface.
This software has the features that commercial transfer agents and self-issuing companies need whether they are tracking shareholder data for one or for thousands of issuer companies.
This upgrade is free for companies holding current StockTrack support agreements. Prospective licensees can try the software free for 30 days. The evaluation version is available at StockTrackSoftware.com.
Version 15.95 adds significant new features for shareholder management including the ability to immediately replace lost 1099-B, 1099-DIV, or 1099-INT recipient forms for shareholders who have lost track of these forms or would like a copy for a previous year. Enhancements to Options tracking will simplify management and reporting for the many companies that need this feature.
StockTrack provides a complete and cost effective shareholder accounting solution. The software supports issuance and transfer of stock; printing of stock certificates; cash dividends (including generating NACHA formatted ACH files for direct deposit); stock options; dividend reinvestment (DRP); corporate debt and bond tracking with interest payments and tracking of shares used as collateral (pledged) against loans; proxy voting and reporting; email and printed shareholder correspondence; stock splits, and all related reporting as well as support for 1099 tax reporting and S Corporation (also called subchapter S or S-Corp) K-1 and pro-rata ownership reporting.
Because StockTrack provides ‘as of’ and ‘date range’ reporting, you can get historical reports at any time. There is no need to print out all end-of-period or end-of-year reports to close periods. The system selects shares to receive proxy voting rights and cash distributions on a record date basis. It is in use by Commercial Stock Transfer Agents and Self Issuers, including S-Corporations and C-Corporations, across the U.S.
Licensees consider StockTrack a most complete and cost effective product. They cite ease of use; extensive feature set; ‘as-of’ date reports on all aspects of shareholder accounting; flexibility; cost basis reporting by cost basis lot; 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 system flow which makes the software easy to understand and use.
There are reports on all aspects of shareholding accounting for both C Corps and S-Corps including stock ledgers; certificate registers; transaction journals; pro-rata ownership, K-1 Reporting, insider trading and insider ownership; dividend and split reporting; check reconciliation; debt and interest payment; dividend reinvestment; proxy voting and voting card support; warrants and options; pledge tracking; 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 a free trial version, request an invitation to a live feature demonstration over the Internet, or view a short 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.
In business since 1983, Figtree Consulting, Inc. publishes 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 our web site at stocktracksoftware.com.