Cash
Fee Reconciliation
Validate that management and performance fee postings match between internal books and the administrator—without recalculating fees.
See it in actionManagement Fee — Q4 2024
Fund Alpha LP
1 break
October 2024
Admin
$125,000.00
Internal GL
$125,000.00
November 2024
Admin
$128,500.00
1 entry
Internal GL
$257,000.00
2 entries
December 2024
Admin
$131,200.00
Internal GL
$131,200.00
Duplicate posting detected
November fee posted twice to internal GL
The problem
Auditors and CFOs care about fee posting accuracy, not just the underlying math. Mismatched periods or duplicate accruals can lead to financial statement errors.
1
What you're reconciling
Fund admin fee ledger Internal general ledger
Internal accrual system Administrator records
2
Common breaks
Wrong date or period tag
Duplicate accrual posting
Misaligned fee identifier or fund code
Boagent advantage
Posted amounts only. No recalculation required.
Boagent reconciles posted amounts only, ensuring every fee record lines up across systems. Ideal for audit preparation and management oversight.
Request a demo