Investor - Transactions

Contributions: interest calculations by role.
Withdrawals: partial and full withdrawals at beginning or end of a period.
Assignments: by amount or percentage; investor history and performance adjusted.
Transfers: move capital between roles or funds while charging fees or accruing.
Prospective Transactions: track in-flows, out-flows, and capital capacity commitments.
Gates: limit investor capital withdrawals by creating liquidity gates.

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Assignments

Assign capital based on shares, percentage or amount.
Contributions

Contributions can be made by amount or number of shares.
Withdrawals

Withdrawals can be beginning or ending, full or partial.
Interest on Withdrawals

Interest can be automatically calculated on withdrawal payouts.
Investor Transfers

Transfer capital between funds or across investor roles.
Prospective Transactions

Track future investor withdrawals or contributions in advance.
Liquidity Gates

Limit investor capital withdrawals by creating liquidity gates.

Why is our software called "Penny" ?: Because our founder - a CPA, former hedge fund CFO, and programming guru - was hoping to purchase an accounting package. But none of the existing fund accounting systems could handle balancing complex partnership accounts down to that last penny. So he created one that could.

Is it "I.T. Works" or "it works" ?: Actually, its both. After a 2 week installation, our first customer was running so smoothly he told us we should call the software "it works". We had a name, but happily adopted the sentiment as our tagline. The logo artist thought it was "I.T." - as in information technology - and a pun was born.

How can I find out more?