Fund Accounting
The Portfolio Administration system used by DGM is specifically designed for Investment Fund Administration, with full General Ledger accounting ability. Trial Balance Statements, NAV calculations, Portfolio Valuation Reports and draft Financial Statements. Fund Managers are offered a choice of most major currencies as the base reporting currency for the Fund, together with multi-currency cash accounts within the Fund.
Features of our Accounting services are as follows:
- Full general ledger accounting with multi-currency capability, converted* to a single base currency of choice.
- Portfolio Inventory and valuation reports available on a daily basis.
- Calculation of Net Asset Values (Daily, weekly or monthly as required).
- Calculation and disbursement of Management, Advisory or Performance Fees etc.
- Review and payment of invoices for other fund expenses.
- Preparation of weekly/monthly accounting statements and preparation of accounting records for Annual Financial Statement.
- Providing information required by auditors for the annual audit of Financial Statements.
* Conversion for accounting purposes only.
