Overview of Fund accounting features

Alerts and notices

You can use the Fund accounting features in AdvanceFlow for clients such as government and non-profit organizations. The Fund accounting structure organizes your firm's fund data within a hierarchy that adds consistency to fund workflows and provides you with greater control over your firm's fund reporting.    

We recommend that prior to using these features, you create one or more fund templates for your firm. Then, you can use a template to set up a Fund accounting structure when creating new engagements, or when you apply the Fund accounting structure to existing engagements.

Note: You won't need to do any additional configuration in AdvanceFlow to use Fund features with your engagements that also integrate with external tax applications, Checkpoint Engage, or PPC's SMART Practice Aids.

Click the following links for more information on using fund accounting features in AdvanceFlow.

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