Mutual settlements with shareholders

Land is a national wealth that is protected by the state, and land relations govern the ownership, use and disposal of this resource. Most of the cultivated arable lands are leased shares, therefore, issues of responsible business relations between tenants and landlords are of high priority for any agricultural enterprise.

The amount of the rent, as well as the terms and conditions of its payment are established by agreement of the parties and are prescribed in the lease. The pricing formula used in calculating rents is influenced by many different factors, which include fluctuations in market prices for crops, the region where the land is located, and changes in inflation indices. Often, shareholders charge rent in cash, although it is not uncommon for land to be paid in kind, which corresponds to the monetary equivalent of the value of the goods at market prices on the date the rent is paid. That is, by agreement, the landlord can get grain, seeds, vegetables, hay, etc. instead of money. The rent can not be less than 3 % of the value of the land or share, therefore, when concluding the contract, it is often indicate the percentage of the rent in depending on the normative-monetary assessment of the plot.

Nevertheless, no matter how everything is spelled out in the contract, situations happen different. Landlords have family joys associated with a wedding or a major purchase, family problems, such as death or illness of loved ones, so funds may be needed at any time. Where then go to ask for money? Of course, in the agricultural company. Landlords are given money in advance for future payments. As you know, any business transaction is recorded in accounting on the basis of properly executed primary documents that are stored in account department. For the land department, which landlords apply to resolve all current issues related to contractual relations on land, this is not very convenient, since it is not always possible to quickly track settlements with shareholders. That is why the Soft.Farm team improved the «Cadastre» module and added a new function to it, which allows you to control and conduct such calculations.

The Settlement with Shareholders function finds all cadastral plots that belong to a specific landlord, displays data for each unit and allows to keep track of all charges and payments. The types of payments can be different, such as in kind, cash or loan. After filling in the necessary parameters, the program automatically will calculate the amount of payment and the balance in the shareholder's account. The Soft.Farm web service will help the land department quickly sort out conflict situations and solve problems arising from the lack of quick access to information, since shareholders do not always remember all the calculations made, and the data in the computer will be at hand at any time.

The right to choose how and in what form to receive payment for land has always been and remains solely with landlords. The right to choose software that will help keep records of land lease agreements, control their validity periods, visually analyze the location of shares on the map and make timely settlements with shareholders remains with the tenant. The Cadastre module in the Soft.Farm web service has all the necessary tools for high-quality cadastral registration, so register with Soft.Farm and use its functions today.

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