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Press Release

StockTrack Enhancements provide time-saving tools for S-Corporations
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StockTrack shareholder accounting software now includes more
features to help S-Corporations manage recordkeeping and reporting
to shareholders. You can now generate K-1 reports as well as
pro-rata ownership reports, family owner count, and cash dividends
to help your Sub Chapter S Corporation provide accurate ownership
and tax reporting to shareholders.
Morris Plains, NJ, November 17, 2010 StockTrack Enhancements provide
time-saving tools for S-Corporations
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 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@figtree.com for more information.
All StockTrack licensees who are current on software maintenance and
support are entitled to this update. Go to
www.stocktracksoftware.com to download.
About Figtree
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
www.figtree.com
and www.stocktracksoftware.com.
Download a PDF of this Press Release
All companies and products listed herein are trademarks or registered trademarks of their respective holders.
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