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.

Accounting firms gets really busy at the time of tax season. In fact, they keep on getting work even before the approaching tax season. Generally, this is the time period when a lot of paper work is being done and minute observation is required. The slightest mistake can cause problems and entire hard work would go waste. Accounting outsourcing has become mandatory for all those accounting firms who want to pay attention to profit generating aspects. The idea of accounting outsourcing has been developed to lessen the burden of accounting firms, so that they can manage their task well in time.

The services of outsourcing have been highly beneficial for every business owner. Generally, accounting outsourcing deals with giving the work related to maintaining trial balances, profit and loss accounts, balance sheets, generation of invoice, checking credit card accounts and pay roll processes are some. All these accounting documents are required to be handled with extra care because slight ignorance can lead to major problems in tax calculation. And if you are not able to file the taxes properly, you might end up having tax raids. To be on the safer side, one should go for accounting outsourcing without any hesitation.