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A while back, we noticed that users were doing a lot of clicking in order to get to data entry fields for specific funds or partners. So, we added universal search as an alternative way to navigate quickly to a specific screen for a specific fund or person or group.

See also: fund administration accounting software

Recently, one of our fund accounting service consultants was on-site at a customer, and noticed a user filling out every field in every screen–including optional override fields. In talking to the user, it became clear that they weren’t perceiving the red asterisks used to denote required fields.

So, we are adding a subtle red background color to the required fields in the next release of the software. Most users probably won’t notice what changed, but we suspect it will make their data entry easier and faster.

See also: Investment fund accounting software

Journal entry input screen for Penny - It Works partnership & shareholder accounting software.

* Full general ledger
* Change audit trail
* Intercompany expense transfers
* Recurring Entries
* Chart of Accounts
* Consolidations
* Multiple base currencies
* Income Statements

See Fund Management Company Accounting Software.

Capital distribution input screen for Penny - It Works private equity accounting software.

* Commitments
* Calls
* Distributions
* Deal-by-deal capital records
* Fund of fund
* Cash flow

See Private EquityAccounting Software.

Partner capital report sample from Penny - It Works private equity accounting software.

* Calls: call capital based on an amount, percent of commitment. Allows for opt-out investors.

*Distributions: simple distributions, recallable distributions, and returns of capital.

*Deal-by-deal: link capital records to individual deals to report on a per deal basis.

See Private Equity Accounting Software.