At Accuras, we specialize in GP (General Partner) accounting services, ensuring accurate and efficient management of the financial responsibilities of general partners in private equity and similar investment structures. Our services include capital call and distribution management, expense tracking, profit allocation, financial reporting, and compliance support. We aim to provide transparency, streamline processes, and maintain accuracy, helping our clients effectively manage their fiduciary duties while focusing on strategic investment decisions.
Our Services Include
- Capital Contributions and Distributions: Accurate tracking of capital inflows, withdrawals, and distributions for both general and limited partners, ensuring the financial health and integrity of the partnership.
- Profit & Loss Allocations: Calculation of the allocation of profits and losses between the GP and LPs based on partnership agreements and fund performance.
- Management Fee Support: Calculating and allocating management fees, including tiered fees or performance-based structures, in line with the partnership agreement.
- Fee Reconciliation: Ensuring that management fees are in compliance with the agreed-upon terms and reconciling them with client records.
- Carried Interest Allocation: Accurate calculation of carried interest or performance fees, ensuring general partners receive their entitled share of profits.
- Waterfall Distribution Management: Managing the distribution process according to the partnership's waterfall structure, including hurdles, catch-ups, and preferred returns.
- Fund Financial Reporting: Preparing comprehensive financial statements, including balance sheets, income statements, and cash flow statements, to ensure transparency and accurate reporting to investors.
- Consolidated Financial Reporting: Generating consolidated reports for GPs and LPs that combine the financials of multiple funds or investment vehicles, if applicable.
- Investor Statements: Creating detailed and accurate investor statements, outlining their capital commitments, distributions, and current balance.
- Distribution Tracking: Managing and tracking capital calls, distributions, and profit allocations to ensure timely and accurate processing.