Clearwater Enhanced Accounting
S O LU T I O N S
Enhanced Accounting Automate Investment Accounting to Reduce Period Close Cycles Market-Leading Investment Accounting Clearwater’s multi-currency and multi-basis accounting module provides independent, daily Balance Sheet, Income Statement, and Statement of Cash Flows for portfolios and aggregates. Period-end closes are streamlined and calculations, entries, reconciliation reports, writedowns, and disclosures are taken care of. Users have access to fully-reconciled accounting information on a daily basis, month-end statements and reports that tie-out, and automatic/ customized entries, including your GL codes. Clearwater is committed to staying up to date on the latest accounting guidance and standards updates, and to providing clients with automatic solutions to changing guidance.
ACCOUNT ING
COMPLIAN CE
P ERFORMANCE
RISK
Enhanced Accounting Functionality The new General Ledger “Wizard” guides users through the process of selecting GL elections, and helps to set up the GL in a matter of minutes. Clearwater clients will have the ability to configure GL reports to their specifications, including their GL codes. The all-new GL reports reconcile the internal GL to Clearwater accounting data anytime throughout the month, and are custom built based on GL elections. This functionality eliminates tedious, manual, error-prone processes and speeds clients’ ability to close their books sooner, with greater accuracy. The new Trial Balance report allows you to easily roll forward every GL balance from the beginning of the period to the end, and you can drill down to the CUSIP-level activity of any bucket using the Activity Detail Report. Additional reports include:
• • • • • •
Activity detail Entry detail Entry summary Roll forwards GL balance sheet detail GL income detail
Users will also have the ability to refresh historical accounting numbers and utilize either daily or monthly FX rates. Clearwater also provides functional currency to reporting currency translations.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
Enhanced Accounting Automate Investment Accounting to Reduce Period Close Cycles Market-Leading Investment Accounting Clearwater’s multi-currency and multi-basis accounting module provides independent, daily Balance Sheet, Income Statement, and Statement of Cash Flows for portfolios and aggregates. Period-end closes are streamlined and calculations, entries, reconciliation reports, writedowns, and disclosures are taken care of. Users have access to fully-reconciled accounting information on a daily basis, month-end statements and reports that tie-out, and automatic/ customized entries, including your GL codes. Clearwater is committed to staying up to date on the latest accounting guidance and standards updates, and to providing clients with automatic solutions to changing guidance.
ACCOUNT ING
COMPLIAN CE
P ERFORMANCE
RISK
Enhanced Accounting Functionality The new General Ledger “Wizard” guides users through the process of selecting GL elections, and helps to set up the GL in a matter of minutes. Clearwater clients will have the ability to configure GL reports to their specifications, including their GL codes. The all-new GL reports reconcile the internal GL to Clearwater accounting data anytime throughout the month, and are custom built based on GL elections. This functionality eliminates tedious, manual, error-prone processes and speeds clients’ ability to close their books sooner, with greater accuracy. The new Trial Balance report allows you to easily roll forward every GL balance from the beginning of the period to the end, and you can drill down to the CUSIP-level activity of any bucket using the Activity Detail Report. Additional reports include:
• • • • • •
Activity detail Entry detail Entry summary Roll forwards GL balance sheet detail GL income detail
Users will also have the ability to refresh historical accounting numbers and utilize either daily or monthly FX rates. Clearwater also provides functional currency to reporting currency translations.
accounting. compliance. performance. risk.
www.clearwateranalytics.com
