A customisable fund accounting solution that helps record and manage cash transactions with user definable journals to post to a chart of accounts...

Client Need:

Keeping track of cash transactions such as dividends, interest, bank fees etc. Also ensure P&L and the NAV of the fund are instantly updated after every transaction.

FMO Solution:

FMO provides clients with the following tools to meet their transaction processing needs using double entry accounting on either a cash or accruals basis:

  • Ability to define a custom chart of accounts per fund to which transactions can be posted to
  • Journal Template Builder
  • Manual Journal Entry
  • Import Bulk Transaction File to enter thousands of journals into FMO at once
  • Dividend/Interest Processing