SymPro Investment Accounting

SymPro provides integrated solutions to automate and simplify core investment, debt and cash accounting operations. For over 30 years, their solutions have helped public sector agencies increase accuracy and reliability in financial reporting and reduce manual effort.

These modular solutions can be configured for the organization’s needs and replace internal legacy systems that require more time and effort with a higher risk of errors. Their products are more than just financial tools; they bring confidence and peace of mind to public sector customers, including counties, cities, power agencies, utilities, transportation agencies, school districts, and state agencies.

The SymPro team is based in Lafayette, California, and was created in response to the public agency reporting mandate issued in 1985. The SymPro Fixed Income Management System evolved to become a complete solution for public agencies that need reporting and management of their fixed-income portfolios. In 1990, SymPro responded by expanding the features of its software to address the analytical and reporting requirements of investment and corporate cash managers.

Investment Management Software Features: •Generates journal entries and interfaces with a general ledger. •Access to more than 50 standard reports, including GASB •Calculates earnings, accrued interest, capital gains and losses, average daily balance, amortizations, weighted yields, duration, total return •Downloads market pricing from the vendor •Automates the process of allocating interest earnings •Provides transaction postings from the user's custodian