We are pleased to report that the development of the accounting features within WealthWorks+ has now begun. Work has begun on the features currently available within Troika to replace the data entry options with a web-based interface. This is a huge undertaking and will take some time, but the new system will be available for all of our current clients as well as any potential new members of our community.
Core Accounting features are now available in WealthWorks+ allowing users to setup accounting nominal ledgers and post transactions through to the production of a Trial Balance. Entities already setup for accounting through Troika can have accounting transactions posted through WealthWorks+, and entities without any previous accounting records can also be used to post transactions.
Accounting within WealthWorks+ can use the following transaction types to update the nominal or banking ledgers:-
- Trial Balance Journals
- FEX foreign exchange Journals
- Bank Payment transactions
- Bank Receipt transactions
- Bank Interest transactions
New Features
- Add and delete accounting sub-funds
- Manage sub fund nominal codes
- Manage accounting periods
- Trial Balance recalculation
- Transaction List and exports
- Draft and Final period close
- Undo period close
- New Bank Interest accounting transaction type
- New FEX foreign exchange journal transaction type
If any of these features are of interest, drop our support team a line, or if you are looking for a new system get in touch with us today
