Question 1

Who is Dividendly for?

Accepted Answer

Dividendly is built for UK limited company directors, contractors, freelancers, and accountants who use Xero and need compliant dividend voucher records.

Question 2

Do I need to manually enter company details?

Accepted Answer

No. Dividendly pulls company details from your connected Xero organisation, reducing manual data entry and mistakes.

Question 3

How does Dividendly interact with Xero?

Accepted Answer

Dividendly reads transaction, contact, and settings data from Xero, and during workflow execution can also create SPEND transactions and upload generated attachments for the connected organisation.

Question 4

What data does Dividendly use from Xero?

Accepted Answer

Dividendly reads company settings, relevant transactions, and contact information needed to generate vouchers and match directors.

Question 5

Can I manage multiple organisations?

Accepted Answer

Yes. Users can connect multiple Xero organisations and switch context while keeping director and voucher data isolated per organisation.

Question 6

What is included on each voucher?

Accepted Answer

Vouchers include company details, shareholder details, dividend amount, amount per share, payment date, tax year, financial period, and a unique voucher reference.

Question 7

Will this replace my accountant?

Accepted Answer

No. Dividendly helps with operational voucher generation and record-keeping, while your accountant continues to provide tax and accounting advice.

Question 8

Is there a free option?

Accepted Answer

Public plans are Starter, Growth, and Accountant with monthly or discounted annual billing in GBP (+ VAT).

Question 9

Can I download old vouchers later?

Accepted Answer

Yes. Generated vouchers are stored and can be downloaded later from dashboard and voucher history views.

Question 10

How quickly can I get started?

Accepted Answer

Most users can connect Xero, set their dividend account, and generate their first voucher in minutes.

Dividendly FAQ