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Accounting Overview

The Accounting Overview provides a comprehensive view of your fund's financial position, including NAV calculations, account balances, and financial summaries.

Accessing Accounting Overview​

  1. Navigate to a fund's overview page
  2. Click "Accounting" in the sidebar or navigation cards
  3. You'll see the Accounting Overview dashboard

Financial Summary Cards​

Net Asset Value (NAV)​

  • NAV Per Unit: Current Net Asset Value per unit
  • Total Units: Total number of units outstanding
  • Calculation Date: When NAV was last calculated

Total Assets​

  • Current Value: Market value of all fund assets
  • Includes:
    • Equity investments
    • Bond investments
    • Cash and cash equivalents
    • Fixed deposits
    • Other assets

Total Liabilities​

  • Outstanding Amount: Total fund liabilities
  • Includes:
    • Accounts payable
    • Accrued expenses
    • Other obligations

Net Assets​

  • Total: Total assets minus total liabilities
  • Formula: Net Assets = Total Assets - Total Liabilities
  • Used for: NAV calculation

Quick Access Sections​

Chart of Accounts​

  • View Accounts: See all fund accounts
  • Account Balances: Current balance for each account
  • Account Categories: Assets, Liabilities, Equity, Income, Expenses

Journal Entries​

  • View Journal: See all accounting transactions
  • Search Entries: Find specific transactions
  • Filter by Date: View entries by date range
  • Filter by Account: View entries for specific accounts
  • Current NAV: Latest NAV calculation
  • NAV History: Historical NAV values
  • Calculation Details: Breakdown of NAV components
  • NAV Trends: NAV over time

Gains & Losses​

  • Unrealized P&L: Unrealized gains and losses
  • By Asset Class: Equity vs Bond gains/losses
  • By Security: Individual security performance
  • Total P&L: Combined realized and unrealized

Understanding NAV​

What is NAV?​

Net Asset Value (NAV) represents the per-unit value of the fund:

  • Formula: NAV = (Total Assets - Total Liabilities) / Total Units
  • Updated: After each end-of-day (EOD) processing
  • Used For: Unit pricing for purchases and redemptions

NAV is calculated from:

  1. Total Assets: Market value of all investments and cash
  2. Total Liabilities: All outstanding obligations
  3. Net Assets: Assets minus liabilities
  4. Total Units: Number of units outstanding
  • NAV is recalculated during EOD processing
  • Manual NAV calculations are also available
  • Historical NAV values are preserved

Accounting Sections​

Chart of Accounts​

The chart of accounts organizes all fund accounts:

  • Asset Accounts: Cash, investments, receivables
  • Liability Accounts: Payables, accrued expenses
  • Equity Accounts: Fund capital, retained earnings
  • Income Accounts: Investment income, fees
  • Expense Accounts: Management fees, operating expenses

Journal Entries​

All accounting transactions are recorded as journal entries:

  • Double-Entry: Each transaction has debits and credits
  • Automatic: Most entries are created automatically
  • Manual: Some entries can be created manually
  • Audit Trail: All entries are logged and traceable

Account Balances​

  • Current Balances: Real-time account balances
  • Historical Balances: Balance history over time
  • Reconciliation: Compare balances with statements

Refresh Data​

Click the "Refresh" button to:

  • Update financial summaries
  • Recalculate NAV
  • Update account balances
  • Sync latest transactions

Best Practices​

  1. Regular Review: Check accounting overview regularly
  2. Verify NAV: Ensure NAV calculations are accurate
  3. Reconcile Accounts: Regularly reconcile account balances
  4. Review Entries: Check journal entries for accuracy
  5. Monitor Trends: Track financial metrics over time