© 2017 Concept Fund Services

 
 

COMPANY ACCOUNTING

In addition to our fund administration services, Concept Fund Services can also assist you with the accounting for the management company and general partner entities,  including:

  • Managing financial software/general ledger packages

  • Preparing monthly balance sheets and income statements

  • Processing payroll for employees

  • Processing income and expense accruals in compliance with management company’s operating agreement and in accordance with US GAAP

  • Reconciling monthly cash accounts

  • Paying invoices and collecting receivables

  • Maintaining banking relationships

  • Analyzing budgets

  • Establishing internal control systems