Accounting Support

An integrated accounts receivable and accounts payable system provides full control over receivables, collections, payables and disbursements; both systems support multiple currencies and may be used for non-trading-related transactions.

The system will monitor actual expenses entered and at the end of the month will prepare an accrual analysis showing expenses recorded against unliquidated contracts as well as liquidations where actuals have not been recorded, providing a working document for accounting to help determine expenses to be deferred/inventoried or accrued for the month.

A full cost ledger is also available.

The system provides all the information necessary to prepare standard summary accounting journal entries to reflect the trading activity, along with supporting detail. The system can also generate journal entry files which may then be passed to an independent automated general ledger system.