AFL can provide a Fund General Ledger or an interface to an existing General Ledger.
AFL's General Ledger provides a real time update between the Portfolio and Fund Ledgers & the General Ledger.
The benefits are:
- efficient straight through processing for all accounting entries,
- the General Ledger impact of investment transactions can be reviewed as the portfolio transaction is completed,
- efficient capital account reporting, and,
- financial statements are immediately available enabling a dramatic reduction in month end reporting.
AFL has provided interfaces to several 3 rd party accounting packages.
For a summary of the functionality provided click here.