Co-op Member Equity

Integrated to your Producer Payroll System

Data Specialists, Inc.'s Equity Procurement Suite solution provides a cooperative's management the ability to distribute and track the year's distribution of earnings and all prior years' retained earnings for equity holders.

Features include:

  • Track all retained earnings and distributions to equity holders
  • Ability to adjust percent of taxable and non-taxable current year's earnings after posting is done
  • Ability to enter manual payments and distributions
  • Transfer distributions between accounts
  • Track those equity holders with zero gross earnings for the year but have unpaid retained earnings
  • Maintenance of political divisions, groups, districts, co-ops,district officers, and co-op officers
  • Automatic deletion of inactive equity holders who have no unpaid retained earnings
  • Direct deposit functionality for all non-estate payments
  • Ability to print retained earnings and distribution checks
  • Estate payment processing
  • Early revolvement of equity payments for retirees
  • Print 1099 forms and create files for IRS
  • Multiple reports
  • Maintenance of certificate data
  • Mailing label processing options, including .csv file creation
  • Menu option (and equity holder tab level) security
  • Integration with Producer Payroll application

low_rb121010farmers.jpg