Allocations | Penny - It Works | Fund Accounting Software

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Information about Allocations | Penny - It Works | Fund Accounting Software

Published on January 16, 2009

Author: PennyItWorks


Description | Automate partner and fund allocations.

Easy-to-use fund software handles general ledger allocations for companies, people, and funds. Time-saving default allocations and flexible overrides.

FUND ALLOCATIONS Penny can handle the most complex allocations.

FUND ALLOCATIONS DEFAULTS Designate a specific allocation to be used for a specific g/l account.

FUND ALLOCATIONS OVERRIDES Easily override a system allocation with a percentage or basis.

COMPANY ALLOCATIONS Spreading the cost of an expense to multiple companies is simple.

COMPANY ALLOCATION DEFAULTS Quickly allocate the same g/l account across multiple companies.

COMPANY ALLOCATION REPORT Clearly see exactly how each company allocation is calculated.

PEOPLE ALLOCATIONS Set up allocations for groups of individuals that share p/l items.

PEOPLE ALLOCATIONS DEFAULTS Automatically assign an allocation to a g/l account whenever it is used.

CONTACT US For more information, visit our website: or call us at: (914) 358-0016

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