GP · Management company · Monthly
Management company monthly close
Your management company’s month is soft-closed on time, with every entry categorized, the fund’s fee checked in and a short note on burn and cash.
PlanManagement company monthly close
Open the month’s checklist
HeldOpens the management company’s close checklist for the month as soon as you release the plan.
API actionCheck what should be booked
HeldChecks that payroll, rent and software were each booked this month, and that the fund’s management fee arrived.
API actionper recurring entryWaits until the 5th business day after month endCategorize what’s missing
HeldOperator proposes a category for each uncategorized entry. Your accountant approves them in one go, and any they change come back on their own.
API actionper entryAccountant approves all in one goCheck the trial balance
HeldOperator checks the trial balance and explains any balance that looks wrong.
OperatorReconcile the bank
HeldStarts the soft close, then your accountant reconciles the bank and ticks off the checklist’s manual tasks.
PersonAccountant approvesSign off and close the month
HeldYour accountant signs the checklist off as reviewer, then you confirm and the month is soft-closed.
API actionGP confirmsWrite the month note
HeldOperator writes one paragraph on burn, cash and fee income against your budget, from the month’s statements.
Operator
The plan as it runs: each step waits for the one before it, and stops at its gate until the owner approves.
At a glance
Who runs it, and when
- Who runs it
- GP
- What starts it
- The month ends; the close starts on the 5th business day after.
- How often
- Monthly
- Vehicle
- Management company
Ask Operator
Start it in a sentence
Ask Operator in chat. It drafts the plan for your fund, and nothing runs until you release it.
- You
Close October for the management company.
- You
Run the ManCo month-end.
- You
Are we ready to close last month’s books?
The outcome
Last month is soft-closed with every entry categorized, your accountant’s sign-off on the checklist, and a short note on burn, cash and fee income.
What it proves
- Opens the close checklist the moment you release the plan.
- Waits for the 5th business day after month end with no one watching the clock.
- Checks that every recurring cost was booked, one by one.
- Categorizes a month of entries behind one approval from your accountant.
- Keeps the bank reconciliation and the sign-offs with people: your accountant reviews, you close.