GP · Fund · Yearly
Tax pack for the tax adviser
Your tax adviser gets a complete pack with a deadline, missing LP tax details are chased, and every LP gets their K-1 on time.
PlanTax pack for the tax adviser
Freeze the year’s books
HeldSaves the final trial balance, general ledger, capital accounts and cash flows for the year as frozen reports.
API actionBuild the partner allocation
HeldBuilds a partner allocation report in the layout your tax adviser asked for, once per adviser, and saves this year’s run.
BuildCheck each LP’s tax details
HeldOperator checks each LP’s classification and tax details, and drafts a request to every LP missing a form. You approve and send the drafts.
Operatorper LPFile the pack in the tax space
HeldYour accountant exports the frozen reports and files them in the year’s tax space.
PersonGive your adviser access
HeldSends your tax adviser a link to the tax space and an upload link for the K-1s, once you confirm.
API actionGP confirmsPrepare the return and K-1s
HeldYour tax adviser prepares the return and uploads the K-1s, with a reminder a month before the deadline.
PersonTax adviser approvesMatch each K-1 to its LP
HeldOperator pairs every K-1 file with its LP and flags any file it can’t place.
OperatorSend each LP their K-1
HeldCreates a private link to each LP’s own K-1 and drafts their cover email. One approval covers every LP; a corrected match comes back on its own.
API actionper LPGP approves all in one go
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 fiscal year ends and the trial balance is final; your K-1 deadline sets the dates.
- How often
- Yearly
- Vehicle
- Fund
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
Send the tax adviser what they need for the K-1s.
- You
Put together the FY tax pack for Fund I.
- You
Chase the LPs missing tax forms and get the K-1s out.
The outcome
Your adviser has the year’s frozen books and a deadline, every LP’s tax details are complete or chased, and each LP has a private link to their own K-1.
What it proves
- Freezes the year’s reports from live books as soon as you release the plan.
- Builds a new report layout when your adviser needs one, and waits for it to ship.
- Checks every LP’s tax details and drafts a request only to those missing a form.
- Gives an outside adviser access and a deadline, with a reminder a month before it.
- Sends every K-1 link behind one approval; a corrected match comes back on its own.
- Shows a junior how many K-1s went out, and you which LP got which.