FC Portfolio contains a powerful naturally integrated general ledger module for generating of financial statements and NAV.
- Standard General Ledger reports include Income Statement, Cash Flow Statement, Balance Sheet (with NAV), Trial Balance.
- Balance Sheet or Trial Balance can be drilled down to low-level sub-accounts of individual partners or investment instruments.
- Automatic accrual of expenses (fixed amount, %-based or composite)
- Accounts Receivable / Accounts Payable
- Customizable Chart of Accounts, with flexible user-defined mapping for investment portfolio, sectors and other items
- Each investment instrument have their accounts with sub-accounts in General Ledger, automatically added by the system.
- Journal entry templates for repeated sets of entries.
- Journal entries can be posted to past, present and future dates.
- "Off-balance" accounts
- Multicurrency
- Import journal entries from an Excel, CSV or text file (from a 3rd party software).
- Usage of the G/L functionality is "transparent" and is not compulsory. I.e. if you do not need it, you can omit it.
