Dividend Statement is a ChangeGPS module that automates the creation of compliant dividend distribution statements for Australian private companies. The module generates the documentation required to declare and distribute dividends to shareholders, calculates franking credit allocations across share classes, and supports digital authorisation via FuseSign. It replaces the manual process of preparing dividend statements in Word or Excel with a structured four-step wizard.
Dividend Statement is available in Australia.
What Dividend Statement doesv
Dividend Statement generates a compliant dividend distribution statement for a private company, covering all share classes and shareholders in the one document.
The module calculates the franking credits attached to each dividend payment based on the franking percentage entered for each share class, and allocates those credits to each shareholder in proportion to their shareholding.
Dividend Statement generates director declarations that must be signed by the company's directors to authorise the dividend payment.
The completed dividend statement and director declarations can be sent for digital signature via FuseSign directly from within the module.
Who should use Dividend Statement
Dividend Statement is designed for accountants who prepare dividend documentation for private company clients. It is relevant for any private company that declares a dividend to shareholders — whether fully franked, partially franked, or unfranked — and needs to provide each shareholder with a compliant dividend statement.
Key features
Four-step wizard — Company information, share class and shareholder setup, document content review, and final preview with export and signing.
Multiple share classes — Support for ordinary shares and any number of additional share class types, each with its own dividend amount per share and franking percentage.
Nested shareholder entry — Shareholders are entered within each share class, with individual dividend amounts and franking credit allocations calculated automatically.
Real-time summary statistics — Total Dividends, Total Franking Credits, Average Franking Percentage, and Total Shareholders are calculated and displayed as you enter data.
Director declarations — Generates the board resolution and director declaration documents required to authorise the dividend.
FuseSign integration — Send documents for digital signature via FuseSign directly from Step 4, with signing status tracked within the module.
CIM client import — Import company and director details from the Client Import Manager (CIM) to pre-fill Step 1.
Collate integration — Merge additional documents into the dividend statement package before downloading.
How Dividend Statement fits into ChangeGPS
Tax Plan — Dividend declarations for private companies are often part of a broader tax planning strategy modelled in Tax Plan. Dividend Statement handles the documentation for dividends identified in the Tax Plan.
Division 7A — A Dividend Offset strategy in Division 7A (where an unfranked dividend is declared to offset a shareholder loan) generates documentation through Dividend Statement.
Client Import Manager (CIM) — Company name, ACN, ABN, registered address, and director details can be imported from CIM.
Getting started
Navigate to the Dividend Statement module from the ChangeGPS dashboard and select New Statement.
In Step 1 — Company Info, enter or import the company details and add all directors.
In Step 2 — Share Classes, add each share class, enter the dividend amount per share and franking percentage, and add shareholders with their holdings.
In Step 3 — Document Content, review and customise the document content.
In Step 4 — Review & Send, preview the statement, send for digital signing via FuseSign, or export and email the documents.
Need help?
If you have questions about Dividend Statement or need assistance with a specific distribution, reach out to our support team through the chat widget or contact your account manager.