Yes. ChangeGPS Dividend Statement supports fully franked, partially franked, and unfranked dividends. In Step 2 — Share Classes, set the Franking Percentage to 0% for an unfranked dividend. An unfranked dividend has no attached franking credits, meaning shareholders cannot claim a franking credit offset. The app generates the correct dividend statement documentation regardless of the franking level. If you are declaring a dividend as part of a Division 7A loan offset strategy — where the dividend is unfranked and used to reduce a shareholder loan — set the franking percentage to 0% and the app will generate the correct documentation for that arrangement.
In Dividend Statements can I include unfranked dividends?
Explains how unfranked dividends are handled, including 0% franking and Division 7A scenarios
