How To Generate a Dividend Report

Step 1: Access Kwara Core

• Open your web browser and navigate to https://app.kwara.com/.

• Log in with your credentials.

Step 2: Navigate to Operational Reports

• Go to Dividends and Interest.

• Click on it

Step 3: Create a Dividend Report

• Click the Create button to start a new report.

Step 4: Fill in the Required Sections

When creating the report, fill in the following fields carefully:

1. Product – Select the relevant product, e.g., Member Deposit, Share Capital, etc.

2. Calculation Method – Choose the appropriate method for your SACCO.

3. Year – Enter the year for which the report is being generated.

4. Earning Rate – Fill in the applicable dividend or interest rate.

5. Withholding Tax – Enter the tax rate if applicable.

6. Excluded Exited Members – Check this box to exclude members who have exited.

7. Dormant Members – Check this box if you want to include dormant accounts.

• Once all fields are completed, click Submit.

Step 5: View, Download, or Edit the Report

• After submission, you can:

  • View the report by clicking the view icon.

  • Download the report for offline use by clicking the download icon.

  • Edit the report by clicking the edit icon if changes are needed.

Step 6; Completion:

• Congratulations! You have successfully generated and exported the Dividend Report!