Rule-based chart of accounts
Accounts are determined by rules, not assigned by hand per position.
Cinnamon Core as an accounting engine
The books from the same bookings.
Beside the investment view Core keeps the accounting view: chart of accounts, closings, balance sheet and P&L, booked with the same booking logic from the same transactions. What the balance sheet shows can be traced back to the booking in the portfolio.
The closing
Closings as a chain
Each closing builds on the one before it, back to the opening balance. How firm a closing is decides whether the next period builds on it.
Opening
The opening balance, the start of the chain.
Transient
Calculated but not saved: a look at the closing before it is one.
Soft
Saved and usable for comparison. The next period does not build on it.
Hard
Saved and a link in the chain. The next period starts exactly here.
What gets booked
Rules instead of manual work
Valuation at closing
With mandate-specific closing prices where they exist, and lower of cost or market where the investment type allows it.
Profit broken down
Realised and unrealised, each split into security and currency result.
Accrued interest
Accrued, deferred and reset, under the common day-count conventions, including Actual/Actual (ISMA) and 30/360.
Expenses
Fees, commissions, charges and taxes as a category of their own, and excludable from the return calculation.
What comes out
Statements as Excel
- Balance sheet and P&L
- With opening balance.
- Statement of changes
- What changed between two closings, and why.
- Statement of valuations
- Every position with price and value at closing, in an extended form too.
- Statements of account
- The bookings per account over the period.
Next step
Your structure, booked in Core
In half an hour we show how Core books a transaction, forms a consolidation and calculates its return, and talk through how your mandate structure would look in it.
Free slots in the calendar, no Microsoft account needed.
Opens your mail client with the enquiry prepared.
Or call us:+41 44 454 84 84
Your contact
Thomas Tscherrig
Cinnamon · bmpi AG