Powerful, Extensible GL
Full chart of accounts with unlimited sub accounts. Automatically produce double entry accounting entries from asset or fund transactions created in ORE. Generate GL entries from the asset side from purchases, disposals, valuations and others. Automate fund level investor entries including investor cash accounts. Generate trial balances, income statements, and balance sheets for any fund on demand. ORE provides full audit trail functionality from creation of transaction components to generated GL batch entries.
Great Plains Integration
Integration between ORE and Microsoft Great Plains results in the best of both worlds: (1) ORE, the ultimate private equity operational repository and accounting and (2) best of breed, industrial strength, integrated, stand alone accounting system. The ORE general ledger robustly integrates with Great Plains, providing a high end accounting solution for middle to large private equity funds. ORE's internal chart of account structure in ORE. The creation of GL entries in ORE are synchronized with Great Plains upon batch posting. The full features of Great Plains are then available, including accounts receivable, accounts payable/disbursements, bank reconciliation, and full reporting.
