Your integrated accounting software solution
Sophisticated software, professional support
Rely on Forest Systems for a comprehensive, reliable accounting software tailored to your unique high-net-worth client management needs. Streamline your process and develop confidence with your clients.
Your integrated accounting software solution
Sophisticated software, professional support
Rely on Forest Systems for a comprehensive, reliable accounting software tailored to your unique high-net-worth client management needs. Streamline your process and develop confidence with your clients.
Accounting Solutions
A platform built exclusively to streamline professional-level accounting and financial reporting for ultra high-net-worth individuals
GENERAL LEDGER
Fast, customizable asset tracking, account management, and more.
CHECK WRITING
Efficient MICR-encoded check printing from multiple accounts.
PRIVATE FOUNDATION ACCOUNTING
Charitable activity tracking with a comprehensive chart of accounts.
PORTFOLIO ACCOUNTING
Detailed investment tracking, results aggregation, and insightful reporting.
INTERCOMPANY TRANSACTIONS
Streamlined transfers, distributions, contributions, and payments.
PARTNERSHIP ACCOUNTING
Simplified allocation, report generation, and partner tracking.
TRUST & ESTATE ACCOUNTING
Beneficiary level details, taxes paid, gains and losses on Trust Assets.
DATA AGGREGATION
Offload data management and spend more time with your clients.
GENERAL LEDGER
Fast, customizable asset tracking, account management, and more.
CHECK WRITING
Effienct MICR-encoded check printing from multiple accounts.
PRIVATE FOUNDATION ACCOUNTING
Charitable activity tracking with a comprehensive chart of accounts
PORTFOLIO ACCOUNTING
Detailed investment tracking, results aggregation, and insightful reporting.
INTERCOMPANY TRANSACTIONS
Streamlined transfers, distributions, contributions, and payments.
PARTNERSHIP ACCOUNTING
Simplified allocation, report generation, and partner tracking.
TRUST & ESTATE ACCOUNTING
Beneficiary level details, taxes paid, gains and losses on Trust Assets.
DATA AGGREGATION
Offload data management and spend more time with your clients.
Client Implementation
Partnering with you from day one ensures you get the most out of your software.
Planning & Design
Fully customized features based on your existing needs, entities, and financial data.
Client Training
Thorough, applicable, and suited to your schedule—our team is here for you.
Implementation Support
Attain maximum efficiency with optimized features and recommendations.
Because one size does not fit all
Forest Systems offers three editions with multiple capabilities to suit your unique financial management needs
Forest Systems offers three editions with multiple capabilities to suit your unique financial management needs
General Accounting and Check Printing Features
Track income, expenses, and manage cash flow
Enter transactions for checking accounts and general journals
Print checks on pre-printed check forms
Enter and print budgeted amounts for income, expenses, and cash flow
Reconcile bank accounts
Print blank check stock with bank account routing information in MICR font
Enter multiple transactions in a single screen to post in multiple entities
Tracking and Reporting on Investments
Entering investment transactions through cash accounts
Enter buy-and-sell transactions for marketable securities and alternative investments
Reconcile brokerage and custodian accounts manually for cash balances and market values
Enter prices manually to update marketable security values
Obtain marketable security transactions data electronically by registering with a data aggregation firm supported by Forest
Retrieve month-end closing market prices from the data aggregation firm for all marketable security positions
Specialized transactions for cost basis and tax basis changes
Utilize up to three separate books to track market value, book value, and tax basis per asset
Report and track portfolio analytics
Comprehensive Financial Reporting
Produce Reports For Single Entities
Produce Reports For Multiple Entities on a Single Report
Access multiple investment reports for marketable securities showing number of shares, original cost and current value
Create reports for trusts and estates
Use Dashboards to display graphical information
Create reports for investment performance - TWR and MWR calculations
Hardware & Communications Environment
Operate on stand-alone computers connected to the Internet
Receive Forest technical support for issues related to an office network with security firewall
Support for Different Entity Types
Number of Entities
Active entities
10 Entities Max
50 Entities Max
Unlimited
Archived entities
Unlimited
Type of Accounting Entity
Individual clients
LLCs and partnership entities
Corporations
Trusts and estates
Private charitable foundations
User Capability By Log-in Credential
Full administration capabilities
Standard user without admin capabilities
Read-only access log-in
Set user capability by platform function
1 User
Unlimited
Unlimited
Control entity access by user
2 Users
Unlimited
Unlimited
Account Limits
Single account balance
$50 Million
$2 Billion
$9 Trillion
Single transaction amount
$50 Million
$500 Million
$9 Trillion
Number of accounts
3,000
12,000
Unlimited
An accounting software that builds your confidence
Choose an edition that accommodates the needs of your high-net-worth clients. Streamline your accuracy and reporting with Forest Systems.
Frequently Asked Questions
The platform is built exclusively to do comprehensive professional-level accounting and financial reporting for Ultra High Net Work Individuals (HNWI). Specifically, the most advanced version:
- Tracks complex investments using professional accounting standards with double-entry accounting while producing a trial balance of debits and credits.
- Combines an individual’s balance sheet with underlying investment entities such as LLCs, and trusts.
- Provides extensive reporting with over 100 different report formats and many options for customizing those reports.
- Tracks tax and cost basis of assets with detailed entries and provides market value statements.
Yes. The ability to retrieve data electronically is a strong feature of the Forest Platform. We refer to that capability as Data Aggregation because the platform is combining all your data from all your financial institutions and delivering it to you ready to be posted.
The annual license fee is based on these components:
- Number of legal entities tracked on the platform. Each entity is a ledger in the system.
- Number of individuals having access to the platform. Each person is given unique log-in credentials.
- Additional services such as Data Aggregation to retrieve transaction and pricing data electronically.
There is also a one-time fee for setting up entities and accounts.
We tell clients to expect it to take two weeks to define the Chart of Accounts and learn how to enter data and produce reports.
However, if you bring data over from another system like Financial Navigator, your data can be converted electronically. You can be operating on the new platform overnight with all of your data fully loaded.
All data is stored and backed up on the Amazon Web Services platform. It is clearly one of the leading providers of cloud computing.
Our platform provider, Amazon Web Services provides some of the strongest security features in the industry. Its capabilities are further enhanced by the procedures followed by Forest.
The Forest Platform is unique in its ability to meet the needs of Ultra-High-Networth Individuals and the financial activities they pursue.