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InvestmentIntroductionCentury's General Ledger is a dynamic tool that allows you, its userThe Investments module manages and maintains a register of an organisations investments. What does it do?Allow on call Investments to be opened and closely daily. Additions or deletions to the fund cause the old investment to be closed and a new one created for the new amount Fixed Term Deposits At maturity the interest earned can be added to the principal and the investment renewed Caters for investments in Unit Trusts When interest earned is only known from periodic statements, the system inversely calculates average interest for the investment System automatically calculates the interest component across month boundaries for all investments which are topped up or decreased during a period Investment Calculator Can be called from every programs within the Investment module Lets the user perform various computations relevant to investments without affecting the database Information tracked Information includes investment status, institution, investment type, bank and general ledger details, cash flow, notional and actual interest and a set of key dates Reports
How is it used?Investments is integrated into the Century General Ledger and Cash Book. » Would you like to know more? Contact us» Back To Top » Back To Century Financials |
