Indus Systems - SYNDi Investment Ledger

What is SYNDi Investment Ledger?

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SYNDi Investment Ledger manages stocks, bonds, notes and other financial instruments in an investment portfolio. It 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 partner level through sub-accounts for tracking purpose. The result is that the chart of accounts soars to an unmanageable level. SYNDi Investment Ledger solves the problem by maintaining individual transactions while passing a simple journal entry to General Ledger. With SYNDi 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.

SYNDi Investment Ledger can be used 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.

General Features
Multi-Companies	You can set up unlimited number of companies and have unlimited number of users accessing the system.
User-Friendly Interface	The main features of SYNDi Investment Ledger are its simplicity, ease of use and minimal training requirements. Typing is minimized by selecting key values from lists and entering dates by clicking on calendar control. Each field in edited extensively to minimize data-entry errors.
Multi currency Support	SYNDi maintains transactions in the currency of general ledger (functional currency) as well as in source currency. It maintains exchange rates to convert source currency into functional currency.
Accpac Interface	SYNDi can be used as a standalone package or interfaced with Sage Accpac ERP General Ledger. In case of interface it uses the chart of accounts, currencies and exchange rates from Accpac and updates Accpac ERP General Ledger seamlessly.
F/X Pool Maintenance	Separate Exchange Gain and Loss accounts can be maintained for each type of transaction to provide detailed analysis of foreign exchange.
Bank Transfers	You can set up multiple banks with different currencies and transfer funds between banks.
Pop-up Reminders	SYNDi Reminder System generates pop-up reminders to perform key functions. You may also enter reminders, notes and appointments to pop up on your desktop. These reminders will continue appearing until you cancel them.
Stocks	SYNDi processes the purchase and sale of stock, the entry of dividend, split and adjustment and can download current market value from Yahoo Finance.
Bonds	SYNDi processes the purchase of bonds, performs monthly accruals, processes coupon receipts, maturity and sale of bonds.
Notes	SYNDi processes certificates of deposit (CD) and other notes including purchasing, monthly recording of interest income, interest receipt and maturity.

Basic Concepts
Company	With SYNDi Investment Ledger you may set up multiple companies such that each company will have its own database.
Partner	A partner refers to an investor within the company. A company may consist of one or more partners.
Investment	An Investment is the entity being tracked, e.g., stocks, bonds, securities, term-deposits, mutual funds, real-estate etc. You could use SYNDi Investment Ledger to track virtually any investment.
Bank	The system requires that one or more Banks be defined. If you handle multiple currencies a currency is associated with a bank.
Source Currency	All currencies to be used within the system must be defined. A currency is identified by a three-character currency code, e.g., USD for U.S. dollars, CAD for Canadian dollars etc. Source Currency is the currency is which the transaction is performed. You must also define Functional Currency in which you operate. If you are operating in U.S., the Functional Currency will be USD while in Canada the Functional Currency will be CAD.
Exchange Rate	If the Source Currency is different from Functional Currency the system requires the Exchange Rate as the factor with which the Source Amount must be multiplied to convert it into Functional Currency. For instance if the Functional Currency is Canadian Dollar (CAD) and an Investment is transacted in U.S. Dollars (USD) the Exchange Rate would be 1.57 if $1 U.S.=$1.57 Canadian. The Exchange Rate table should be updated as frequently as necessary daily, weekly or monthly). The system uses the latest Exchange Rate no later than the transaction date as the default rate. The user may change it if necessary while entering the transaction.
Sample Reports
	You may download the following sample Reports: 1. Posted Transactions 2.Stock Transaction History 3.Stock Valuation Report 4.Stock Investment Summary 5.G/L Transactions Report 6,G/L Posting Journal

Screen shots

Setting up Templates



Setting up Financial Instruments



Entering Transactions	Buying and Selling Stock


Processing Bond Transactions	Purchasing a Bond

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