New Features and Functions
FundCount continually enriches its powerful software to meet the evolving needs of our clients. In addition to several new features that increase our ever-growing ability to handle a diverse list of security types, we also have and continue to make improvements
in automation and processing efficiencies. For example, new transaction types and data points are now available in our menu of importable data. As always, all of our added features carry over to reporting.
Starting with the foundation, we’ve added to the flexibility and customizability of the Chart of Accounts (COA) by offering additional settings for defining accounts. Clients now have the option to apply COA settings globally across all entities or to manage
fee settings locally.
Accounting for a diverse list of security types is a significant strength for FundCount and one that we continue to improve upon. Clients can now set up and track Inflation Linked Bonds and book accurate interest accruals based on FundCount’s new calculation
methodology specifically for this security type. Also, setting up and tracking cryptocurrencies is accommodated with a new feature that combines the Custom Currency capability with our existing Exchange Rate table.
On the reporting side, more formula capabilities enable clients to easily combine data columns and create their own calculations right in FundCount’s out-of-the-box reports. We’ve also added more data points to pull into reports, such as additional time periods,
and introduced a new Master-Feeder and Inter-Entity Loans report to facilitate viewing of complex nested entity relationships.