Avancore: Management company

Avancore: UK - the program developed on the 1C Platform allows to reduce many times time expenditure of specialists of a back office by accomplishment of daily procedural transactions, and to the top management - clicking of one button to estimate efficiency of fund.

Software product "Avancore: Management company" it is intended for automation of accounting of activity of mutual investment funds. Program "Avancore: The management company" is developed taking into account specifics of closed-end investment funds, including credit funds and funds for the qualified investors, and allows to keep also full account of open and interval mutual investment funds according to the current legislation.

"Avancore: The management company" is the original, but not independent software product, it is necessary to have the set 1C: Enterprise 8.1 platform for its work.

Features

Accounting closed-end investment fund

• Purchase, sale, revaluation of a real estate, property rights, monetary claims, shares in authorized capital
• Transactions with a real estate: crushing, lease charge, formation of primary documents according to lease agreements, control of observance of the payment schedule according to lease agreements, analytics and search by any characteristics
• Transactions with monetary claims and loan agreements: automatic loading, formation of the payment schedule, charge of debt on payments, formation of estimated value of monetary claims

Accounting of OPIF

• The built-in reference book of securities for operational and convenient information input about securities
• Accounting of transactions with bonds: charge of NKD, loading of quotations, repayment
• Flexible integration with an agency system

Accounting of IPIF

• Accounting of bills of exchange, shares in authorized capital, indexes
• Issue, repayment and exchange of shares according to the set intervals
• Flexible integration with an agency system

Advantages

• The user-friendly interface which is thought over to trifles and checked by users
• The status "1C: Compatible" which guarantees stability and reliability of the program Avancore
• The open configuration allowing clients to make independently changes in a system
• The convenient license policy allowing to work to an unlimited number of users;
• Flexible integration with any external accounting system (including agency);
• Compliance to requirements and last modifications of the legislation

Ample opportunities of functionality of the program

• accounting of all types and categories of share funds, including credit, mortgage, funds for kvat. investors
• managerial and accounting settlement with partners on lease
• automatic loading of transactions, reports of special depositary and special registrar, mortgages, security quotations and currency rates.
• automation of all procedural transactions, including formation of the regulated reporting, determination of violations on funds, charge of reserves and remuneration, charge of percent on bank accounts
• transparency of data retrieveds in reports due to existence of interpretation,
• tax accounting (VAT and PIT)
• broad spectrum of analytical reports