Investments

gravity's investment ledger enables organizations to effectively monitor assets and investments that are not held in brokerage accounts this investment ledger seamlessly integrates with gravity's general ledger and accounts payable processes investments can be monitored based on companies, categories, and fund families this enables companies to categorize and analyze investments as required these tracking elements can span across entities within the organization, facilitating effective grouping and reporting for the organizations investments can be represented in individual currencies with unrealized gains and losses recorded on currency fluctuations process steps define tracking groups companies categories fund families define individual investments in each entity add investment activities to track purchases/sales and other transactions to each investment entity configuration settings financials cost on investment sale select current or original cost to be used when calculating the gain or loss on the sale of an asset