CORPORATE ACCOUNTING

AltaReturn’s Corporate Accounting Solution is designed specifically for the alternative investment management company.  Built on top of the same technology platform as our Fund Accounting Solution, it allows you to manage all of your management company’s accounting, budgeting, A/P, A/R, and reporting needs.

KEY FEATURES

  • Multi-dimensional general ledger
  • A/P and vendor management
  • Check writing and payments
  • Cash and bank account management
  • A/R management and invoicing
  • Expense reimbursements
  • Budgeting & forecasting
  • Travel & expense data import tool
  • Consolidation and intercompany transactions
  • Full multi-currency capabilities
  • Fixed asset tracking and depreciation
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DESCRIPTION

AltaReturn Corporate Accounting is the complete solution for your management company needs.

Budgeting allows you to maintain and update projected financial results. The accounts receivable and accounts payable functionality manages the processes of invoices, billings and payments owed to and from vendors, funds, portfolio companies and employees.

Easy-to-use import features support the import of transaction files from external T&E and bill payment systems.

Payments to vendors can be made directly from the system via check or electronic transfer, while the fund recharge process tracks deal expenses and generates invoices to the funds and portfolio companies for reimbursement.

The Corporate Accounting solution also seamlessly integrates with our Business Intelligence solution for dynamic drill-through reporting that provides visibility on your fees and expenses against budget and profitability by strategy, deal or any other dimension.

Functions by client focus

  • Fund accounting
  • General partner accounting
  • Management company accounting
  • Document management
  • Consolidation reporting
  • Beneficiary exposure reporting
  • Budgeting & forecasting
  • Drill-through financials
  • Fund accounting
  • General partner accounting
  • Management company accounting
  • Capitalization structure setup and maintenance
  • Lot based accounting
  • Check writing and bank reconciliation
  • Document management
  • Inter-family member loan tracking
  • Portfolio fair value & tax reporting
  • Fixed asset tracking
  • Check writing and bank interface
  • Full General Ledger functionality
  • Lot based accounting
  • Check writing and bank reconciliation
  • Document management
  • Portfolio fair value & tax reporting
  • Partnership accounting
  • Track multiple fund types
  • Track down to portfolio company level
  • Estimated/final valuation workflows
  • Consolidation
  • Budgeting & forecasting
  • Percentage ownership
  • Partnership accounting
  • Corporate accounting
  • GP accounting
  • Classify fees and expenses according to INREV guidelines
  • Budgeting & forecasting
  • Fixed Asset Tracking
  • Check writing, bank reconciliation & interfacing (XBRL)
  • Credit card management
  • Full expense tracking and allocation/attribution
  • Automated intercompany process

Have any questions? Ask our experts!