Services

Fund Accounting & Administration Services

We provide outsourced fund accounting and investor reporting for private credit, mortgage, and real estate funds. Every service below is something we deliver hands-on, every month for the funds we work with. No subcontracting. No generalist bookkeepers learning fund accounting on your dime.

Monthly Fund Accounting

General ledger maintenance, bank and loan reconciliations, accrued interest calculations on your mortgage and loan portfolio, and monthly trial balance preparation. We work in your fund’s existing systems and deliver on a consistent monthly cycle.

NAV Calculation & Reporting

Monthly or quarterly Net Asset Value calculations with full supporting schedules. This includes fair value adjustments, management and performance fee accruals, income allocations, and a full NAV reconciliation. Your investors and board get a clear, defensible number.

Investor Services

Investor Reporting & Capital Accounts

Every investor in your fund deserves a clear picture of their capital. We maintain individual capital accounts, process capital calls and distributions, and prepare investor statements on your reporting cycle.

  • Individual capital account statements
  • Capital call notices and distribution summaries
  • Investor transaction ledgers
  • LP commitment tracking and unfunded commitments

Core Services

What We Deliver

Detailed breakdown of our fund accounting and administration services.

Waterfall & Profit Allocation

Your partnership agreement defines how profits flow — preferred returns, GP catch-up, carried interest tiers. We build and maintain the waterfall model, run the calculations, and provide full supporting schedules tied back to your LPA.

Financial Statement & Audit Support

Year-end financial statement preparation, audit binder assembly, and direct coordination with your auditors. Draft financials, supporting schedules, confirmation responses, and management representation letter support. Our goal is a clean audit with minimal back-and-forth.

Fund Launch & Setup

Chart of accounts designed for your fund structure, accounting policy documentation, investor onboarding checklists, reporting templates, and a first-year accounting calendar. You focus on raising capital. We make sure the back office is ready.

FAQs

Frequently Asked Questions

Common questions from fund managers considering outsourced fund accounting.

We specialize in private credit, mortgage investment corporations, real estate LPs, and alternative investment vehicles. Our experience spans funds from $5M to $150M in AUM.

We work in whatever your fund already uses — Excel, QuickBooks, Xero, or Yardi. Software is your responsibility; expertise is ours. We never charge for software or lock you into a proprietary platform.

We charge a fixed monthly retainer based on the complexity of your fund, number of investors, and scope of services. No hourly billing, no surprise invoices. We’ll discuss pricing on our discovery call.

Yes. We set up the full accounting infrastructure — chart of accounts, policies, templates, onboarding workflows — before your first capital call.

We prepare your draft financial statements, assemble the audit binder, and work directly with your auditors on confirmations and sample requests. Year-end shouldn’t be a fire drill.

If your bookkeeper doesn’t understand fund accounting, LP structures, or waterfall calculations, you’re likely spending more time reviewing their work than it would take to outsource to a specialist. We can evaluate your current setup on a discovery call.

For an existing fund with books in place, we can typically onboard within 4 weeks. For a new fund launch, we work backwards from your first capital call date to make sure everything is ready.

Let’s Talk About Your Fund

Book a 30-minute discovery call. We’ll review your current setup and tell you honestly whether Countwise is the right fit.

Book a Discovery Call