|
 |
Track investment
balances and maturity dates. |
The General Ledger Interest Allocation module eliminates the need to use a
separate spreadsheet to track interest allocations and manually enter interest
allocation journal entries. Run Interest Allocation to review each account balance
that has been selected for interest allocations, create allocations for the selected
funds, and post the appropriate amount to each fund.
|
|
|
| Investment Redemption |
- Removes additional journal entries to redeem investments
- Allows you to set the redemption dates
- Displays an alert when redemption date occurs
- Option to redeem automatically or prompt user to redeem mature investments
|
|
| Investment Calculation |
- Calculates the discount or premium based on par value and interest rate
|
|
| General Ledger Interface |
- Built into General Ledger program
- Eliminates need to launch/use a separate spreadsheet program
- Eliminates additional
journal entries
|
|
|
