Shares client data with other parts of IRIS
IRIS Dividend Service is an easily activated optional module
with IRIS Personal Tax. Client data needs to be entered only once
for it to be used by IRIS Dividend Service, IRIS Personal Tax and
IRIS Trust Tax modules, with consequent savings in practice
time.
Data feeds direct from reliable financial sources
IRIS Software contracts with the leading source of investment
fund performance data – Financial Express Prestel – to receive a
list of 4,600 tradable companies and unit trusts. This list
contains dividend data for 2,600 UK companies and 2,000 funds. It's
cross-checked and validated against other relevant data and then
encoded onto every IRIS CD. To keep the data within your practice
up-to-date, the list is regularly refreshed and made available as a
download. In addition, you will receive a CD with new data twice
yearly.
The list covers the self-assessment period to date, providing
more than enough data to handle clients' equity and unit trust
dividends.
The list is also available to IRIS Personal Tax and IRIS Trust
Tax, where the individual client's shareholdings are entered.
Calculates dividends for you
You can choose to automatically value dividends in any of
three ways:
- For a selected client (all share holdings)
- For all clients (selected share holding only)
- For all clients (all share holdings)
Time-saving accuracy
The IRIS Dividend Service will save you vast amounts of time
compared to alternative methods of looking up dividends, in a book
or on CD for example. An additional benefit is that the
automated transfer of data, from the Dividend Service straight onto
the tax return, ensures accuracy because no manual keying is
required.
