Stock Gift Module

The Stock Gift Module enhances the Gift Module, into which its features are seamlessly integrated. It automates the entire process of managing security contributions, including inital entry, revaluation or corporate actions prior to sale, and conversion to cash. All these transactions make automatic entries in General Ledger Journal.

A Securities Gift Entry tab receives the entry shares and price. The gift value then is automatically calculated. Securities revenue and asset accounts default automatically.

A single gift can handle up to five separate items: stocks, cash, other non-cash contributions, non-gift deposits, or any combination. Sale or reevaluation of the security can be recorded before or after the gift entry is posted to the General Ledger. Stock can be sold in stages if there are restrictions. Accounts for cash, commission, fees, realized gains and unrealized gains default automatically.

Module Overview

Stock Gift Module Features and Benefits

Product Literature

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