The AGRIS 10.1.2 Patronage package now allows you to:

• Create a new Voting Flag Export/Import with Activity advanced report that helps simplify the process to manage Equity records such as voting rights, patronage eligibility, and stock ownership status and assist in complying with By-Laws.

• Populate box 3 of the 1099-PATR with Section 199 deduction information.  This is accomplished within the Source Allocation / Per Unit Retains option of Patronage without requiring grain settlements to go through export / import.  NOTE:  The grain settlements are net settlement amounts only after any deductions at this time.

• Perform a mass transfer of stock and/or stock credit for multiple patrons based on the current transaction flags in Name/Address (new)or the previous flags saved when the transaction was created.  NOTE: The Mass Transfer of Equity #9 Extended Option feature is controlled by an extended option and must be licensed for use.  Please contact your Account Manager for more information.

Click on the links below for more details:

• 1099 reporting - calculate and populate 1099-PATR Section 199 deduction box 3
• Mass Transfer of Equity Extended Option* - transfer stock, stock credit, and equity
• Mass Transfer of Equity Menu Option
• Patronage Advanced Report - Voting Flag Export/Import with Activity