Portfolio Accounting & Reporting

Portfolio Accounting & Reporting (PAR) is an affordable, software-as-a-service (Saas) offering that enables accounting and tax departments, brokers, and custodial banks to interact in real time. Combining simple design, intuitive usability, and the power of new web technologies, it automates transaction entry (including a customizable import from your bank transaction file) and ensures reporting accuracy.

PAR automates the calculation of sales, calls, and redemptions, automatically updating amortization schedules during the process. It accommodates Mortgage Backed, Stepped, and Treasury Inflation Protection Bonds and PSA factors. It imports Market Value rates and NAIC Designations from your bank or SVO file. And it produces monthly transaction reports, plus detailed or summary journal entries for posting to your general ledger.

Once your transactions are entered into the system, PAR can create Schedule D reports on Statutory or GAAP bases for any time period, as well as other reports such as Investment Reconciliation, Projected Cash, and Average Life. The transaction history leaves a detailed audit trail to verify reports were created accurately. All reports are Excel-compatible. And PAR lets you load Schedule D reports into Wings or other annual statement programs easily and accurately.

Click Here To Download a Portfolio Accounting & Reporting Brief