Dividends: processing and reporting

What is the “Dividends” document

Dividends are part of a company’s profit that it pays to its owners (members or shareholders) in proportion to their share. In Bimp, a payment is processed with the “Dividends” document: after saving, it debits the amount from the company’s account or cash desk under the expense item “Dividend payment”.

Before you start

Add the owner as a counterparty: the owner’s card must exist in the “Counterparties” reference list: see Counterparty card.

How to create a “Dividends” document

1. Open Finance → Other cash operations, click Create and select Dividends.
2. Fill in “Comment” (optional), “Responsible”, “Document number” and “Creation date” (they are set automatically; you can change them).
3. In the “Owner” field, select the owner you are paying dividends to.
4. Select the “Line of business” and “Project”.
5. The “Expense item” field cannot be edited: it is always “Dividend payment”.
6. In the “Settlement type” field, select Cash or Non-cash. For cash, the “Cash type” field appears: cash desk or card.
7. Select the “Organization”.
8. In the “Payment” block, specify the account or cash desk the dividends are paid from, and the amount.
9. Save the document.

Where to see the dividends paid

The document data automatically goes into three reports:

Report	What it shows
Cash flow	the account or cash desk, amount and payment document
Income and expenses	the amount of dividends paid in the “Dividend payment” line
“Dividends received”	the payment from retained earnings by owner, line of business and project: owner, date, amount, document

If the payment came in a bank statement, you can allocate it with the item “Dividend payment”: see Allocating bank statement transactions.