A good bookkeeper or even a good accounting software program can help you organize your accounting quickly. But you still need to understand the basic principles of accounting. This will allow you to use the information supplied by the bookkeeper or software program intelligently, enabling you to make the changes in your business that will keep it on track toward success and profitability.

TKS Solutions’ flagship product, Penny ®, uniquely unifies partnership, shareholder, private equity, and tax accounting software for hedge funds.

Penny also has a complete general ledger, check writing, and accounts payable for all management company needs. It is a lightweight easy-to-use multi-currency application that complements existing accounting systems and takes feeds from many vendors including Advent Geneva® and MSPA®. It also boasts an open architecture that enables automation with home-grown systems.