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INDUS Investment Ledger helps in situations where
you attempt to maintain the investment history in General
Ledger. Typically a G/L account is set up for each security
and is often extended to the investor level through sub-accounts
for tracking purpose. The result is that the chart of accounts
soars to an unmanageable level. INDUS Investment Ledger
solves the problem by maintaining individual transactions
while passing a simple journal entry to General Ledger. The
application is equally suitable for the individual investor
as well as for a financial management company maintaining
the accounts of individual investors. With INDUS Investment
Ledger you may set up just one or two asset accounts for
investments and maintain all history within the sub-ledger,
thus keeping your General Ledger clean and streamlined.
If you operate as a financial service bureau, managing portfolios
of your clients and working with various brokers or money
managers, you can use the software to maintain the history
of all transactions related to the purchase and sale of investments.
If you are using the software to manage your own portfolio,
you may set yourself up as a single investor and operate with
the same ease.
The main features of INDUS Investment Ledger are its
simplicity, ease of use and minimal training requirements.
The statement from your broker (money manager) forms the basis
for input into the system and maintains the record of each
financial instrument from the time it enters the portfolio
until its disposal.
With INDUS Investment Ledger you can perform instant
valuation of your portfolio by downloading current market
value from Internet and comparing it with your holding.
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Keeping
track of your investments
