The Portfolio Accounting System currently has interfaces to various general ledger systems. The interface consists of automatically generating debit and credit transactions for each portfolio transaction which is processed.
In addition to the basic accounting features, there are optional modules for client billing, automatic payments, performance measurement and interest accruals. It also includes other features such as interfaces to custodians and pricing services.
Contact Us
P: (440) 247-2865
E: info@investmentsystems.com
Ronni Bialosky, President
37840 Jackson Road
Moreland Hills, OH 44022
E: info@investmentsystems.com
Ronni Bialosky, President
37840 Jackson Road
Moreland Hills, OH 44022
Portfolio Accounting System
Optional Modules Client Billing The Client Billing module provides an automated means of charging clients a fee on a regular basis. The subsystem provides an edit report for review and then generates the cash withdrawal transactions that post against each account balance. Fees can be assigned as either a flat amount for a year or as a percentage of the portfolio's market value and/or a percentage of the portfolio's projected income for the year. Automatic Payment / Check Writing The Automatic Payment and Check Writing module provides an automated means to process disbursements that occur on a regular basis such as income disbursements from trusts, estimated taxes, and fees. Any transactions that generate checks are written to a special file. Checks can be printed whenever desired and a check register by check number is produced for record keeping purposes. A check reconciliation file is maintained to aid in tracking which checks have cleared the bank. Checks can be printed from blank stock, reducing the cost of preprinted checks. Safekeeping The Safekeeping module is used to track actual certificates and the location of the certificates. In and Out slips are generated as well as bank letters. Certificates can be reissued, placed in a pending file and then released when the new certificate is received. Reports are available which compare the safekeeping position with the normal portfolio position.
Optional Modules Client Billing The Client Billing module provides an automated means of charging clients a fee on a regular basis. The subsystem provides an edit report for review and then generates the cash withdrawal transactions that post against each account balance. Fees can be assigned as either a flat amount for a year or as a percentage of the portfolio's market value and/or a percentage of the portfolio's projected income for the year. Automatic Payment / Check Writing The Automatic Payment and Check Writing module provides an automated means to process disbursements that occur on a regular basis such as income disbursements from trusts, estimated taxes, and fees. Any transactions that generate checks are written to a special file. Checks can be printed whenever desired and a check register by check number is produced for record keeping purposes. A check reconciliation file is maintained to aid in tracking which checks have cleared the bank. Checks can be printed from blank stock, reducing the cost of preprinted checks. Safekeeping The Safekeeping module is used to track actual certificates and the location of the certificates. In and Out slips are generated as well as bank letters. Certificates can be reissued, placed in a pending file and then released when the new certificate is received. Reports are available which compare the safekeeping position with the normal portfolio position.
