Transform Your Financial Reporting with Power and Precision
Our platform adapts to your workflows and connects seamlessly with your institutions to tell the full story behind your numbers.
Find Clarity, Confidence, and Control with Forest Systems
Seamless Windows Compatibility
Optimized for Windows environments to ensure smooth integration and enhanced cybersecurity.
Cloud Database with Nightly Backups
We securely store your data in our cloud infrastructure with encrypted nightly backups, ensuring rapid and reliable recovery in the rare event of data loss.
Fast Security Transaction and Market Data Retrieval
Accelerated access to security transactions and real-time market prices for timely decision-making.
Flexible Labeling System
Customize the system to fit your unique entity structure, processes, and reporting needs
Comprehensive Document Management
Robust support for organizing, storing, and accessing critical documents with ease.
AI-Powered Document Queries
Advanced AI capabilities to extract accounting entries and insights from documents accurately and efficiently.
Professional-Grade Tax Basis Adjustments
Accurate and precise tax basis modifications to meet professional accounting standards.
Personalized 1-on-1 Customer Support
Access to real human support for personalized assistance and quick resolution of issues.
Robust Accounting Services to Fit Your Organization’s Needs
The Forest software provides you with a complete and robust accounting solution – no matter the range of investments or number of entities.
Check Writing
- Print checks from multiple accounts efficiently and cost-effectively.
- Print MICR-encoded account and bank routing numbers directly on blank check stock.
General Ledger
- Track assets, liabilities, expenses, income, and equity accounts.
- Manage bank, credit card, and brokerage accounts.
- Handle invoicing and bill payment via integration.
- Use a fully customizable chart of accounts.
Portfolio Accounting
- Track marketable securities, mutual funds, bonds, and other marketable investments.
- Account for private partnerships, hedge funds, private equity, venture capital, and other alternative investments.
- Manage real estate investments with transactions to buy, sell, revalue, and depreciate.
Trust and Estate Accounting
- Track all assets for a trust or estate.
- Use Charge / Discharge statement for court reporting.
- Provide Principal and Income tracking reports.
Partnership Accounting
- Allocate distributions to partners including income, expenses, and gains/losses.
- Create reports for the partnership and individual partners.
- Track inside and outside basis, tax basis, and FMV.
Intercompany Transactions
- Make payments on behalf of related entities.
- Distribute to partners in joint ventures.
- Transfer funds and contributions between entities.
Private Foundation Accounting
- Track related/unrelated income and assets.
- Use a comprehensive chart of accounts tailored for private foundations.
How It Works
Forest Systems starts with where you are—then elevates your financial reporting to the next level.
Plan and Design
We start by understanding your entity structure. Then, we build custom charts of accounts, payee lists, and investment classifications tailored to your exact needs.
Data Migration and Aggregation
Our team is equipped to migrate and aggregate your financial data from multiple sources, including:
- Banks, brokers, and trust companies
- General ledger and portfolio management software
- Spreadsheets, online statements, and PDFs
- Printed statements and certificates
From there, we compile all of this into a unified financial picture.
Tailored Software Implementation
Your reporting and accounting needs guide every step of onboarding. We configure Forest to match your preferred workflows with advanced features to maximize efficiency.
Maintain Visibility
Our systems connect with your financial institutions for seamless downloads of transaction (brokerage and credit cards), pricing, index, and reference data. We support most banks and brokers
