Calculation
Build patronage runs from the cooperative data and rules used for the allocation period.
Patronage allocation & refund
Patronage allocation built on the cooperative’s connected records.
Calculate and distribute patronage using the member, transaction, and accounting data already in Fortunato instead of creating a second financial record just for year-end allocation.
CONNECTED CAPABILITY
From calculation to distribution.
Patronage processing follows a defined lifecycle with connected accounting and member visibility.
Review & approval
Route applicable authorization through Fortunato’s shared Workflow & Approvals architecture.
Distribution & accounting
Perform approved distribution and its connected accounting treatment after required authorization.
Reversal
Support controlled reversal while preserving the run’s history and financial traceability.
CONNECTED CAPABILITY
Visible to staff and members.
Patronage results remain part of the same member and reporting ecosystem used elsewhere in Fortunato.
Member 360
Show relevant patronage information in the member’s connected administrative view.
Member Portal
Expose applicable patronage information to members through the portal.
Reports & print
Review patronage runs through reporting, export, and print-oriented views.
Audit trail
Keep calculation, approval, distribution, and reversal actions within Fortunato’s audit architecture.
QUESTIONS & ANSWERS
What cooperatives usually ask.
Practical answers about this part of Fortunato and how it fits the wider platform.
Does patronage use a separate member ledger?
No. Fortunato is designed to reuse existing member, accounting, transaction, and reporting data rather than duplicating financial records.
Can patronage approval use Workflow & Approvals?
Yes. Calculation, approval, distribution, release, and reversal authorization reuse Fortunato’s Workflow & Approvals architecture where applicable.
Can a completed patronage distribution be reversed?
Fortunato supports controlled patronage reversal with the related history and accounting treatment preserved.