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What is Solvas Accounting?

Solvas Accounting is a robust financial accounting solution engineered specifically for organizations navigating the highly nuanced world of syndicated loans, bank debt, and direct lending. Traditional tools like Excel simply cannot keep up with the complexity of multiple contracts, changing variables, and high-volume transactional data — but Solvas Accounting streamlines these workflows through automation and intelligent data management. The platform produces a wide spectrum of financial reports, giving users a comprehensive view of assets, liabilities, operations, cash flow, and net asset changes. Each report is fully drillable, enabling users to trace any figure back to the individual journal entry for clarity and audit-ready transparency. Its customization features allow firms to tailor transaction activity and configure calculations to match unique accounting methodologies. When market or portfolio conditions shift, Solvas Accounting automatically reprocesses transactional data, eliminating the need for manual recalculations. Fund administrators benefit from a centralized system that provides real-time visibility across portfolios, while investment managers gain a reliable foundation for precise performance analysis. The platform is designed to be flexible, scalable, and up to date, ensuring accuracy even in fast-moving investment environments. As part of the broader Solvas suite, it integrates seamlessly with operational and analytical workflows. Expert support is available throughout implementation and ongoing use, helping teams unlock the platform’s full potential with confidence.

What is MyFundAccounting.Online?

MyFundAccounting.Online is an all-encompassing double-entry accounting solution designed explicitly for the financial management of churches and charities, ensuring adherence to Charity Commission regulations. It provides a variety of pre-set account templates that cater to different denominations and organizations throughout the UK, supporting both Receipts and Payments, as well as Pre-payments and Accruals methodologies. The software adeptly handles a wide range of financial elements, including funds, budgets, cost centers, standing orders, and the management of both debtors and creditors, while also simplifying journal entries and bank reconciliations. Users benefit from the ability to create a diverse selection of reports, such as customizable transaction listings, balance sheets, SOFA reports, asset and liability statements, budget overviews, and analyses of cost centers. Additionally, the platform facilitates the creation of unlimited funds and nominal accounts, incorporating specific income and expenditure codes along with classifications for current and fixed assets and liabilities. Moreover, it boasts a strong auditing system to uphold financial accuracy and integrity. With its intuitive user interface, MyFundAccounting.Online not only streamlines the accounting process but also serves as an invaluable resource for non-profit organizations striving for transparent financial management. Its comprehensive features make it a pivotal tool for ensuring effective fiscal oversight in the charitable sector.

Media

Media

Integrations Supported

Integrations Supported

Dropbox
Google Drive
Microsoft OneDrive

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$249.98 per license
$82.40 per additional license
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Webinars

Training Options

Webinars
On-Site Training

Company Facts

Organization Name

Alter Domus Data Solutions Inc.

Company Location

United States

Company Website

www.solvassolutions.com/solvas-accounting/

Company Facts

Organization Name

Data Developments

Date Founded

1985

Company Location

United Kingdom

Company Website

www.datadevelopments.co.uk/MoreInformation

Categories and Features

Fund Accounting

Not specified

Categories and Features

Church Accounting

Not specified

Fund Accounting

Not specified

Reconciliation

Not specified

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