Naturally integrated multicurrency General Ledger provides users with the highest level of flexibility and adaptivity
for the ever-changing accounting environment of alternative investment vehicles.
- Integrated with Partnership Accounting. Each partner have their accounts with sub-accounts in General Ledger, automatically added by the system.
- Standard General Ledger reports include Income Statement, Cash Flow Statement, Balance Sheet (with NAV), Trial Balance.
- Can do sophisticated journal entries. Journal entry templates for repeated sets of entries.
- Automatic accrual of expenses (fixed amount, %-based or composite)
- Track Accounts Receivable / Accounts Payable
- "Off-balance" accounts
- Customizable mapping of Income/Expense accounts to sections of IRS Forms 1065 & K-1
- Multi-currency
- 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.
