Agvance Patronage

MAXIMUM FLEXIBILITY, MINIMAL EFFORT

Agvance Patronage offers cooperatives an integrated solution for maintaining, tracking, and reporting on customer patronage accounts. Agvance Patronage allows for maximum setup flexibility and automates the time consuming process of calculating patronage checks and 1099's for patronage returns.

Features & Benefits

  • Flexible setup and tracking for an unlimited number of stock or equity classes
  • Track stock certificates by class and easily review the current value of any stock
  • Automatically capture sales information needed to calculate patronage
  • Calculate patronage based on a percentage of customer dollars or on product volume
  • Quickly generate reports for patron membership, equities, fees and stock history
  • Automatically generate 1099's for patronage, interest and dividends
  • Easily handle equity transfers between patrons
  • Maintain patronage payments being deferred or 'held out' for conversion to another stock